Foodservice equipment manufacturer Alto-Shaam, Inc. is planning a 100,000-square-foot addition to its Menomonee Falls headquarters to make room for investments in new manufacturing technology.
The company is also planning a second phase of its expansion that will include a new central lobby, an all-employee gathering space and renovated offices. The current facility, located at W164 N9221 Water St., is 387,000 square feet.
Alto-Shaam has not made any determinations about job growth tied to the expansion, but the company’s employment has grown from 291 in 2010 to 505 last year. The company plans to share additional details about the investments closer to a groundbreaking planned for the spring.
“Living our vision, mission and values has helped us achieve continued success when the foodservice industry as a whole is experiencing slow to no growth,” said Steve Maahs, president and chief operating officer of Alto-Shaam. “We broke a number of Alto-Shaam records in 2018, beginning the year with a record first quarter that paved the way for an exceptional year.”
The company’s gain-sharing program also paid out $4 million to employees this month based on 2018 performance.
“As a family company, we believe in investing in our worldwide team.” Maahs said. “Our people are the key to our success. I am proud of our employees for working together to provide our customers with the highest quality products and services.”
The strong year came despite headwinds from increased stainless steel prices prompted by tariffs placed on foreign steel. The company said it is taking steps to mitigate those cost pressures in 2019.