Maysteel, a Wisconson-based provider of metal enclosures for self-service and POS devices, has announced it will close its current plant and open two new facilities, the first in a series of actions that the company says will increase its competitiveness.
According to a news release from Maysteel, the company acquired a 160,000 square-foot manufacturing plant in Creedmoor, N.C., and a 40,000 square-foot assembly facility in Racine, Wis.
While the new Wisconsin facility will focus on supporting value-added integration for traditional metal fabrication customers, Maysteel says the move to North Carolina will help it cater more specifically to the Southeast region:
The acquisition of the Creedmoor facility demonstrates a commitment by Maysteel to invest to extend its manufacturing footprint. The current Creedmoor volume, combined with planned transfers from Maysteel's Wisconsin facilities, will make the Creedmoor plant a competitive sourcing option for the Southeast.
Maysteel will close its plant in Menomonee Falls, Wis., and will transfer current manufacturing projects to the two new facilities and another Wisconsin plant.
