Goshen, Ind.-based Lippert Components Inc. (LCI) completed several key acquisitions and new product introductions during 2011 and early 2012 that positioned the company to expand into new markets. In turn, the company also began manufacturing aluminum extrusions at a 300,000 square-foot facility in Elkhart, which is currently running three presses and has the capacity to expand further.
“One of the key developments for Lippert in 2011 was the addition of Lippert Extrusions,” said LCI President Scott Mereness in a press release. “We launched this operation to meet both our internal needs for extruded aluminum, and to service the larger Midwestern market.”
Recent growth by LCI included greater market penetration into the cargo, truck cap, horse, livestock and other specialty trailer industries. Its new aluminum extrusion facility will produce parts for all its products sold to those industries. Mereness explained that Lippert Extrusions would help to open new markets and be part of the growth engine for Lippert Components and its sister company, Kinro Inc., over the next five years.
“Adding the extrusions plant was not only good vertical integration, but also enables us to sell a significant portion of the plant’s output to new outside markets,” Mereness said. “As we add capacity, we will be able to sell quality aluminum extrusions to manufacturers and assemblers we have never reached before. Any manufacturer in need of high quality aluminum extrusions is now our potential customer.”
Lippert noted that all scrap from the extrusion process is recycled into aluminum raw material for reuse. In addition, the powder coat process used by Lippert Extrusions is environmentally friendly and more durable and scratch resistant than liquid paint.
For more information, call (574) 535-1125 or visit www.lippertcomponents.com.