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wiredInUSA - March 2014
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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.