Aluma has agreed to terms with Skyjack Manufacturing, Inc., to purchase its 105,000-square-foot building in Emmetsburg, Iowa, for expansion 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. Aluma is expecting to add 20 to 25 new jobs over the next three years.
“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,” said President Mike Lloyd. “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 is November 1. After updates and preparations have been completed, the building will be operational by the spring. 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 has been building aluminum trailers and picnic tables since 1992. Trailer lines include ATV, utility, motorcycle, raft, watercraft, car hauler, snowmobile and enclosed trailers.