Bancroft,
Iowa - Aluma has announced the
purchase of a 105,000 square foot building for expansion. Aluma agreed to terms
with Skyjack Manufacturing, Inc., to purchase their building in Emmetsburg, IA.
The expansion is necessary to support the production requirements of Aluma's
growing network of aluminum trailer dealers. The facility will provide space
for warehousing, production, research and development of the enclosed trailer
line.
President Mike Lloyd said, "Over the past two and a half
years, our growth has exceeded our forecasts and we needed to secure additional
space quickly to secure the contracts within our dealer network. This expansion
will provide the capacity necessary to meet the needs of our current dealers
and will allow us to pursue additional opportunities that weren't possible with
our existing facility."
The closing date was Nov. 1. After updates and preparations
have been completed, the building will be operational by spring of 2013. The
enclosed trailer line will be moved from the Bancroft plant to Emmetsburg. This
move should help shorten lead times on orders from 8-10 weeks to 5-6 weeks.
Aluma is expecting to add 20 to 25 new jobs over the next
three years.
Alums has been building high quality aluminum trailers and
picnic tables since 1992. Trailer lines
include ATV, utility, motorcycle, raft, watercraft, car hauler, snowmobile and
enclosed trailers.