Automated vertical storage solutions company Modula US (Booth 1026) announced a $6 million investment in manufacturing at its Lewiston, Maine, facility in a press conference on Tuesday.
“The facility will be equipped with the latest automated lines to punch, bend, weld and cut sheet metal for a variety of Modula storage products, including our vertical lift modules (VLMs),” said Ashley Edgecomb, marketing director.
The investment will supports Modula’s rapid growth in US sales, added Miguel Fabra, president, who noted the company has sold 1,000 units in the past few years. “With domestic growth for supply chain automation increasing at 9% per year, the combination of a skilled Maine workforce and good access to major American markets made the investment decision easy,” he said.
Modula manufactures VLMs for pharmaceutical, health care and military organizations, as well as heavy duty, 24/7 operators in the automotive and energy sectors.
ProMat 2015 is scheduled to be held March 23-26, 2014 at Chicago’s McCormick Place. The tradeshow will showcase the latest manufacturing, distribution and supply chain solutions in the material handling and logistics industry. Modern’s complete ProMat 2015 coverage.