The estimated cost for this expansion will be around $15m, and it is expected that it will create 90 new jobs over the next three years. The company reports that it will begin hiring for these new positions in the near future.
The firm purchased the land adjacent to their current facility in order to accommodate the growth of its existing manufacturing facilities, and an opening date of Summer 2015 is now planned. In its efforts to support businesses that expand in Wisconsim, the state has offered the company an Economic Development tax break to help pay for the new growth.
Speaking about the news, the company’s president and majority owner, Rhonda Sullivan, said:
“I am pleased that Lavelle continues to grow by providing quality, domestically manufactured products to our customers.”
“We continually look for ways to stay competitive in an industry dominated by foreign competition.”
When there is an expansion of a company such as this, it can bring about economic benefits for other firms in the area. An example of this is printing companies, as they may be called upon to create digital Business Cards for the firm’s new employeesGet a Free Quote for Business Cards