FOR IMMEDIATE RELEASE
November 17, 2017
By Amanda Emmerich, Marketing Coordinator, email@example.com
Stevens Industries, Inc. Announces Major Lamination Capacity Expansion
Stevens Industries, Inc., Teutopolis-based manufacturer and designer of laminated wood products, is expanding. The company announced the intent to purchase a rail-served facility of 200,000 square feet. Located just five miles from their current operations, the expansion will increase capacity for StevensWood laminated panels by 40-percent.
Stevens currently operates out of approximately 450,000 square feet making this addition a significant opportunity for business growth. The new building in Effingham, Illinois, will house an additional laminating press, as well as ability to produce more subcontract components. The company has invested in significant equipment expenditures over recent years, including specialized technology for its’ Embossed in Registration panels, known as the Legno Collection. StevensWood is also home to the Essentials, Artika and Rain Collections. With new designer panel collections added yearly, the company continues to partner with new distributors. A full list of StevensWood distributors can be found at www.stevens-wood.com.
“We are at the point in our growth that additional space is required. The growth of our company has been tremendous,” explained Todd Wegman, President of Stevens Industries. “This expansion will allow us to hit our growth targets for the upcoming years. It offers an opportunity to grow in all sectors of our business. The value of the rail facility was a major factor in our decision. The facility and its’ proximity to our headquarters was good, however, the ability to unload and load from the rail, was a key differentiator,” Wegman added. “We are excited to continue growing and investing in the Teutopolis and Effingham areas. We anticipate moving machinery and materials into the space in early 2018.”
Stevens Industries, Inc. is made up of 525 employee owners. The company is an industry leader in lamination and decorative surfaces. For more information about Stevens Industries visit www.stevensind.com.