Taylor Made purchases building for expansion
GLOVERSVILLE — City-based recreational marine industry supplier Taylor Made has acquired an 80,000-square-foot, former Swany America Corp. building at the Crossroads Industrial Park on Route 29 in an effort to greatly expand distribution and manufacturing.
The move was hailed by all parties this week as a great way to keep business growing in Fulton County.
Taylor Made officials praised the Fulton County Center for Regional Growth and, in particular, president and CEO Ronald Peters, for helping bring the deal to fruition.
“I have to give a lot of credit to Ron Peters,” Taylor Made Aftermarket General Manager David Karpinski said Tuesday.
Karpinski said Peters came to him last June and said there was an opportunity to make a deal with Swany, which didn’t need all its space on Route 29. He said Taylor Made was definitely looking to expand manufacturing.
“He put us together,” he said of Peters. “I worked with Ichiro [Kuwahara, Swany CEO]. It was best for both companies.”
Peters stated Tuesday, “We’re very, very happy to have both their fine companies in Fulton County.”
He called the deal a “great team effort.”
In a news release issued Monday, Taylor Made Group, LLC — a Lippert Components Inc. company — announced that Taylor Made has acquired the 80,000-square-foot facility formerly owned by Swany America Corp. The building is located in Gloversville’s Crossroads Industrial Park on Route 29.
Taylor Made’s purchase will allow the company to relocate its distribution and shipping operations to the new facility, the release said. In addition, Swany will continue to occupy a portion of the building through a leaseback with Taylor Made.
Taylor Made’s distribution operations will be transitioned from Taylor Made’s Harrison Street facility — a 120,000-square-foot building located less than a mile from the Swany building — to the Swany building. This will allow Taylor Made to utilize the Harrison Street facility for additional growth within the marine manufacturing marketplace.
The release says the Harrison Street building will now be dedicated to future manufacturing expansion, either through organic business growth or as additional marine accessory manufacturers join the Taylor Made brand.
“This purchase is a considerable investment for us and represents our continued commitment to the Gloversville community and to the growth of marine manufacturing right here in Taylor Made’s hometown,” said Jason Pajonk-Taylor, vice president for Taylor Made. “We’re very excited to officially be taking this step.”
In the same release, Karpinski stated: “The additional space will allow our Aftermarket business to continue its growth path in current and future manufacturing processes as we look to build on the momentum we’ve built over the last several years.”
Karpinski said Tuesday that about 40,000 square feet of the 120,000 square feet on Harrison Street has been dedicated to finished goods and manufacturing, but “we’re out of room.” He said Taylor Made employs about 190 people in the Gloversville area. He said the first move will be to take about 15 people who run distribution logistics and have them move to the new building in the next 30 days. After that point, he said Taylor Made will continue to grow its operation.
“We were instrumental in the transaction happening,” Peters said. “It’s two good companies coming together.”
He said the CRG worked about 18 months with Swany, and the deal shows Lippert has now “made an investment in Fulton County.”
“What this transition says is that both companies have great faith in their corporate leadership,” Peters said.
Headquartered in Gloversville, Taylor Made Group, LLC operates facilities in the United States, the Republic of Ireland and the United Kingdom — with additional licensed affiliates in Australia, New Zealand, and Poland. In business for over 100 years, Taylor Made Group is one of the recreational marine industry’s leading and most diversified suppliers.
Additionally, Taylor Made Group provides products to numerous other industries, including the agriculture, construction, powersports, mass transit, emergency, utility, golf, automotive industries and more. Employing over 1,100 associates, Taylor Made Group distributes its products through a worldwide distribution network.
From over 65 manufacturing and distribution facilities located throughout the United States and in Canada, Ireland, Italy, and the United Kingdom, Lippert Components, Inc., a subsidiary of LCI Industries, supplies a broad array of highly engineered components for the leading original equipment manufacturers of the leisure and mobile transportation industries, consisting of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; boats; trains; manufactured homes; and modular housing.
Michael Anich covers Johnstown and Fulton County news. He can be reached at firstname.lastname@example.org.