×
×
homepage logo

Bancroft firm buys former Skyjack facility

By Staff | Sep 18, 2012

Company to use site for R&D

By LARRY KERSHNER

kersh@farm-news.com

EMMETSBURG – effective on Nov. 1, and by spring 2013, Emmetsburg will have a new employer, creating 20 to 25 jobs.

Aluma Ltd., based in Bancroft, announced on Monday, that it is purchasing the former Skyjack Manufacturing facility.

The transition closes on Nov. 1, said Mike Lloyd, president of aluma. He said that “after updates and preparations have been completed, the building will be operational by spring 2013.”

Aluma manufactures a wide range of aluminum utility and trailers.

Lloyd said his company’s growth in the 24 to 30 months prevents it from “meeting the needs of our current dealers and will allow us to pursue additional opportunities that weren’t possible with our existing facility.

“Our growth has exceeded our forecasts and we needed to secure additional space quickly to secure the contracts within our dealer network.”

The facility is expected to be used for warehousing, production and research and development of Aluma’s trailer line, a news release said.

“We are very pleased,” said Maureen Elbert, executive director of the Kossuth/Palo Alto Economic Development Corporation, concerning the building purchase.

“This will certainly inject additional dollars into our local economy,”?Elbert said. “The realtors worked very hard to get the building sold and it is has truly been a pleasure to work with all of our local partners for financial incentives.”?These included KCEDC, City of Emmetsburg and Palo Alto Gaming Development Corporation Directors Board.

Please Enter Your Facebook App ID. Required for FB Comments. Click here for FB Comments Settings page