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Fontarome Chemical Inc. (St. Francis, WI) has acquired 3.3 acres of property, including a 12,000-ft2 building, adjacent to its existing campus. The purchased site will house the company's flavor and fragrance division following renovations due for completion by 2009. (A separate existing site will continue to house the division's research.)
Of the move, Fontarome president Carl Sheeley said, "The acquisition of this adjacent property quadruples the Fontarome footprint in St. Francis and provides the building, offices and warehouse space to be used as the separate headquarters for Fontarome's flavor and fragrance ingredients division. The parcel also is large enough to add facilities as needed to support subsequent corporate divisions in our growth to $100 million. This purchase was a key element in out long-term strategic plan to grow the company's capabilities."