Clarion Prepares for the Future with $10M Capital Investment

Shippenville, Pa - Clarion Industries announced that work will be completed by mid-October 2010 on several major manufacturing initiatives that will help prepare the company for future growth. The capital expenditures target energy efficiencies, innovation and quality technologies, and increased manufacturing production capacity.

Clarion is dedicating a portion of the $10 million investment to improving plant efficiencies including two projects that will provide upgraded environmentally smart designed manufacturing lighting and will replace the Regenerative Thermal Oxidizer (RTO) clean air environmental system. A major part of the $10 million investment is aimed at innovation and quality assurance technology projects that include world class upgrades to Clarion’s press capabilities and a new ‘rapid prototype’ system that provides an ‘on demand’ real life product marketing sample service for Clarion’s customers. Production investments in Clarion Laminates are designed to prepare the flooring plant to handle the rapidly expanding volume.

“Clarion’s volume has significantly outpaced our expectations. Our new ownership group, that invested $26 million about 14 months ago, believes now is the

time to invest aggressively to support our future growth opportunities. Our facilities are among the best in the world. Our team has a great sense of urgency, is flexible, fast to react and focused on service. All of this adds up to an unbeatable value proposition, for our customers and their consumers, that is unmatched in the industry,” said Tony Sturrus, President and CEO, Clarion Industries.

Clarion Industries is the parent company of Clarion Boards, Inc. and Clarion Laminates, LLC - the only truly integrated laminate flooring operation in the USA, with HDF panels and laminate flooring produced in one, 660,000 square foot state-of-the-art facility that connects the two factories in one location. The efficiently designed manufacturing operation sources its raw materials locally, allowing for reduced transportation costs in an environmentally friendly footprint. Customers, in turn, benefit from shorter lead times and reduced transportation costs through their logistics operation. The corporate offices are located in Shippenville, Pa.

Source: Clarion Industries


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