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Universal Preserv-a-Chem Plans for Expansion
Posted: January 27, 2006
Universal Preserv-a-Chem Inc. (Edison, NJ) has announced that it will invest roughly $8 million to expand its distribution operations to a new facility in Somerset, NJ. The new 100,000-125,000 square-foot facility will function as a high-density warehouse and is expected to be operational by summer 2006.
Universal also plans to expand through acquisitions of small distribution firms and partnerships. The company expects to announce a major distribution agreement with a large Germany-based firm by the end of this month.