The 40-year-old company is searching for a manufacturing plant to help increase production capacity. The company manufactures high-quality movable wall systems for a multitude of different purposes, so the facility expansion will help with the manufacturing and distribution of their products.
• Description: The 40 year old company is searching for a manufacturing plant to help increase production capacity. The company manufactures high quality movable wall systems for a multitude of different
purposes, so the facility expansion will help with the manufacturing and distribution of their products.
• The company is searching in Texas primarily because the CEO has multiple personal ties to Texas. He will keep manufacturing in their current facility and expand capacity with a new location in Texas.
• The company will hiring approximately 40-80 new employees at this facility.
• Preliminary capital investment will be $2-3 million
• Current annual payroll: $4+ million
• Estimated annual payroll at new facility: $4+ million