Victaulic acquires manufacturing facility to expand operations
The new facility will increase the company's foundry production capacity by 70% in the U.S.
Victaulic has announced the purchase of a 220,000 sq. ft. manufacturing plant in Lawrenceville, Pennsylvania, and when operating at full capacity, the facility will increase the company’s foundry production capacity by 70% in the U.S.
The the new plant, including two foundry molding lines, will also enable Victaulic to produce larger scale products.
In addition to this new acquisition, Victaulic is also nearing the completion of an additional 400,000 sq. ft. light assembly operations facility, located on 28 acres of land located in the Lower Nazareth Township, Pennsylvania, which is expected to be fully operational in 2021.
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May 11, 2022