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wiredInUSA - March 2014

18

Expanding

reel estate

"We're outgrowing the space," said CEO

Eric Hannay, so Hannay Reels is to extend

its Westerlo, NY manufacturing complex

by adding a larger steel and aluminum

production facility. The $800,000 project

will incorporate a new production site, a

drive-through delivery dock and a ten-ton

crane to make raw material deliveries

faster and easier.

The company receives two or three

deliveries of tens of thousands of pounds

of steel and aluminum materials from

regional suppliers every week.

Eric Hannay said sales of 85,000 reels

during 2013 gave them the confidence

to move forward with the expansion.

The company anticipates sales of about

92,400 reels this year.

Construction is expected to begin in April

2014 and to be completed by August.