Krowne Invests in $20M Expansion
The plan includes acquiring facilities, constructing a smart factory and opening a new headquarters.
![KrowneSmartFactory KrowneSmartFactory](https://www.fermag.com/wp-content/uploads/2024/05/KrowneSmartFactory-1024x683.jpg)
To help support its growth, Krowne has planned a two-year, $20 million expansion, marking the largest in company history.
The first phase kicked off with the recent acquisition of two facilities in New Jersey. The deal added an additional 120,000 square feet to the Wayne, N.J.-based manufacturer’s operations. It now has more than 350,000 square feet of manufacturing and distribution space in the U.S.
Krowne says it also plans to construct a state-of-the-art smart factory, featuring the latest advancements in automation. The facility will lean on robotic technology to link all machinery to automate material handling, allowing the factory to operate 24/7 without human intervention. Krowne says its investment in the machinery will increase its capacity by more than 50% and help streamline its operations.
Additionally, Krowne plans to add a robotic conveyor picking, packing and sorting system at its new distribution center. The addition will double its picking and packing capacity and allow it to ship all in-stock items on the same day.
Overall, it notes that the investment in automation won’t replace employees, but allow them to focus on other tasks.
Krowne also opened a new headquarters this month to help support its growing team.
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