NewAge Industries, the parent company of AdvantaPure, has purchased two of three units in a building within seven miles of its headquarters. NewAge recently purchased the remaining unit and now owns the entire seven-acre property consisting of over 90,000 sq. ft. of future production, warehouse and office space.
“This acquisition completes one plan and puts another in motion,” said Ken Baker, CEO. “Our search for the right property landed us this convenient location, just fifteen minutes from our headquarters. Now that we own the entire building, the next steps begin.”
The facility will house additional tubing extrusion equipment and mold presses in a design planned to maximize workflows and optimize efficiencies.
NewAge recently started Phase 1 of renovations and is preparing areas for clean room manufacturing and offices for production and quality department personnel. The company will use the facility as an additional site for the manufacture of AdvantaSil® silicone tubing and braid reinforced hose, weldable and sealable AdvantaFlex® thermoplastic elastomer (TPE) tubing, and Single-Use molded tubing assemblies.
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“The new property will increase our manufacturing capacity a great deal,” said Baker. “We expect to eventually produce two-to-three times the amount of platinum-cured silicone and TPE tubing we’re currently making at our headquarters. It’s important that we’re preparing for this now, because COVID-19 and all of its repercussions won’t be going away any time soon. We understand security of supply and the critical nature of the products we’re providing to our customers.”
Renovations will continue through 2020 and into next year. Extrusion equipment and injection molding presses, many of which are already purchased and on site, will be set up in stages as areas of the building are prepared. NewAge Industries-AdvantaPure anticipates testing and validation of manufacturing equipment and environments to occur in 2021. The facility will be ISO 9001:2015 certified.