The Prestwick Group Inc., an Oconomowoc-based manufacturer, will move to a 55,000 square foot facility in Sussex by the end of the year. The company purchased the building at W248 N5499 Executive Dr. for $3.9 million from T&L Real Estate LLC.
The facility was formerly home to Valeo, a manufacturer of workplace safety and exercise accessories, which was acquired in 2007 by Younkers, N.Y.-based EB Sports Group LLC.
The company manufacturers a suite of plastic and wooden products for golf courses, including towel stations, recycling bins, trash containers, planter boxes, beverage stations, and lounge seats. The Prestwick Group’s plastic products are made using recycled plastic milk jugs – it estimates that it has reclaimed 54 million of them since it began manufacturing in 1997.
The company is currently based in about 40,000 square feet of space, which it moved to in 2006.
“This move will allow us the opportunity to expand our current operations within a state-of-the-art facility in the Sussex community,” said Matt Morse, president and CEO of The Prestwick Group.
The Prestwick Group has 54 employees. Although it declined to disclose its sales projections for 2009 and 2010, a spokesperson told BizTimes that the company has recently seen an increase in orders.
“We’ve had five record setting months and hope we’re headed for a sixth,” said Garett Laugavitz, marketing coordinator with the company.
For more, visit http://www.prestwick-group.com.
