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On November 23, the City Council approved a measure that will help bring Rock Island Auction Company, the world’s largest fine and historic firearms and militaria auction house, to Bedford! They will be moving their headquarters into the former Stericycle building, 3600 Harwood Road, and will also be purchasing the neighboring shopping center at 3508 Harwood Road. Over the next year, they’ll be investing over $5 million in renovations to both their future headquarters and the adjacent shopping center, to attract business that will provide a value to Rock Island and their clients.
The company employs 155 full-time employees and just surpassed $100 million in annual sales for the first time this year. The company’s clients come from all over the world, contributing to Rock Island holding over 80 world sales records for individual objects in their field, including eight seven-figure individual sales. Based on sales records, this new Bedford business is expected to generate approximately $200,000 in annual revenue for the City. In addition, Rock Island will benefit the local economy through their tens of thousands of clients, who will sleep, eat, and shop in Bedford.
For more information about this exciting new Bedford business, please visit www.rockislandauction.com or read more in the Fort Worth Star-Telegram article.