Standing desk maker plans to use tax cuts to invest in equipment
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LOS ANGELES - Versa Products, Inc., a manufacturer for electric-lift standing desk solutions, experienced its largest growth year to date in 2017 and has used the Tax Cuts and Jobs Act as an opportunity to invest over $1 million in new machinery.
 
The increased consumer and business demand is predicted to continue in 2018 across all Versa brands and the new business tax reform allows the company to make necessary investments in technology and expand its team accordingly.
 
The Los Angeles-based ergonomic furniture company designs and assembles electric sit-to-stand desks and desktop converters which are sold on the company’s eCommerce properties such as VersaDesk and VersaTables, in addition to third-party retailers.
 
Investments in high-speed laser machines and a progressive backend infrastructure will maximize the company’s scalability in terms of production planning, supply chain, inventory management, and accounting. In addition to investments in manufacturing, Versa Products has continued to expand its presence in the digital space, as well as product design and development.
 
“These investments allow us to remain at the forefront of the ergonomic furniture industry,” said Chris Laudadio, CEO. “Investments in machines and technology are important for Versa’s growth, but building the right team is key in utilizing our new tools to fullest.”
 
Founded in 2000, Versa Products remains present in the ergonomic furniture industry by improving the design of conventional office furniture. All Versa brands have the objective of creating an enjoyable user experience while also promoting healthier behaviors. The company's team designs and assembles ergonomic products in Southern California using eco-friendly techniques and sustainable materials.

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Angeleen Kipfer

Angel Kipfer is an editorial intern at the Woodworking Network.