Lippert Components Inc., a subsidiary of Elkhart, Indiana-based LCI Industries (NYSE: LCII), is expanding with its second plant in Springfield.
The manufacturing is leasing a newly constructed 100,000-square-foot building at 4140 W. Webster St. in northwest Springfield, according to a news release from the Springfield Business Development Corp., the economic development arm of the Springfield Area Chamber of Commerce. The plans include an investment of $1.5 million and the addition of 90 employees.
"Building a facility in Springfield allows us to not only provide that customer experience, but to be true partners in our expanding marine business, which Lippert is focusing on more than ever,” said Ryan Smith, group president of Lippert, in the release. “We are proud to call Springfield home. The experience with the community thus far has been nothing short of fantastic, and we look forward to expanding our cultural and philanthropic presence there for years to come.”
Eric Roberts, co-owner and agent of building owner Roberts Industrial Properties, said Lippert is leasing all of the property that was completed July 1. Declining to disclose lease terms, he said the company is currently working on moving into the facility, with plans to start manufacturing July 11.
A ribbon-cutting ceremony scheduled for noon on July 14 additionally will celebrate the opening, according to the release.
Roberts Industrial Properties also owns the building housing Lippert's current Springfield operation at 3220 E. Cherry St. Lippert took on the 56,450-square-foot space in 2020, Roberts said.
With the two plants in Springfield, Lippert plans to employ 200 people, according to the release.
In the Queen City, Lippert manufactures marine furniture for watercraft, according to its website.
With more than 140 locations in 22 states and 12 countries, Lippert has grown revenue to $4.5 billion in 2021 from $705 million in 2011, according to the release.
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