Chelsea Building Products announced the acquisition of its Greenville, Texas, facility and surrounding property. Chelsea Building Products has been occupying and leasing the 120,000 square foot building since 2018.
“With the acquisition of the building, along with approximately 19 acres of surrounding property, we now have room for expansion and the confidence to make necessary infrastructural investments in the facility,” says Peter Dewil, President & CEO of Chelsea Building Products.
Expansion details
The company plans to invest in additional extrusion and lamination capacity and add a railroad connection to eventually allow for blending capabilities.
This acquisition is a part of Chelsea Building Products’ larger expansion plan, including the addition of a second facility in Pennsylvania located in Westmoreland County.