Rail supplier Miller Felpax Corp. is investing for growth.
The Winona, Minn.-based company will be adding additional offices, warehousing, and training and “innovation lab” spaces, resulting in a 20% expansion of its facilities there. New positions may be added as well, but that has yet to be determined.
Steady growth throughout the past decade and expectations of significant increases in business going forward are prompting the expansion project, which began about a week ago.
“This investment in infrastructure reflects our confidence that we can keep growing by continuing to offer new products to the railroad industry,” said Steve Blue, Miller Felpax president and CEO, in a written statement.
He added, “This additional infrastructure will support employee efforts to drive sales of current products and invent new solutions to pressing railroad industry needs. That’s not merely a strategy statement but it is what drives everyone here. We are focused on a single goal: net operating profit. We’re giving them more tools to do just that.”