Universal Preserv-a-Chem Inc. (Edison, NJ) has announced that it will invest roughly $8 million to expand its distribution operations to a new facility in Somerset, NJ. The new 100,000-125,000 square-foot facility will function as a high-density warehouse and is expected to be operational by summer 2006. Universal also plans to expand through acquisitions of small distribution firms and partnerships. The company expects to announce a major distribution agreement with a large Germany-based firm by the end of this month.
Universal Preserv-A-Chem to Expand
Oct 30th, 2008