Schoen Insulation expansion adds capacity and jobs
Schoen Insulation Services, which manufactures non-metallic, machined, turned and cut parts has expanded its operations with the addition of a 60,000-square-foot facility.
In a written statement, company officials said the new space will enable the company to serve customers in the power generation, aerospace and military, oil and gas, medical, electrical OEM and water markets.
Schoen Insulation Services anticipates that the expansion will create an additional 35 jobs, increasing the company’s workforce by more than 25 percent. The enhanced operations are also expected to boost the company’s production capacity and total revenue by 30 percent, the company said in a statement.
The new facility will primarily house equipment used to support the company’s work in the oil and gas industry, which has steadily increased over the past eight years. Schoen Insulation Services now provides approximately 15 percent of the composite frac plugs used to extract oil and natural gas in North America.
“We’re incredibly excited about what this expansion means for the future of our company and the local community,” said Schoen Insulation Services President and CEO Stephen Schoen. “Since 1989, we have consistently provided our customers here in the U.S. and abroad with low-cost, high-quality parts. Our new facility will allow us to keep up with increased demand in the markets we serve and give us the flexibility to continue to move into new and emerging industries.”
The new facility is located approximately five miles from Schoen Insulation Services’ existing 55,000-square-foot facility off Univeter Road.
Original article: https://www.tribuneledgernews.com/local_news/schoen-insulation-expansion-adds-capacity-and-jobs/article_f28af1ae-590d-11e8-a35f-236d257f3e41.html