Home Builder Developer - Interior Renovation and Design
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September 18, 2020 by
Mr HomeBuilder
Palo Alto's elected leaders all agree that the city desperately needs more "affordable housing," though there is little consensus on what exactly that means and on whether that should be the city's sole objective.
For the City Council's more pro-growth members, including Mayor Adrian Fine and council members Liz Kniss and Greg Tanaka, the city's goal should be to encourage everything from subsidized housing to small market-rate units such as the workforce-centered apartments that the city approved for the corner of El Camino Real and Page Mill Road. While the developer is required to designate six of its 57 units for "affordable housing," these units would target individuals who make 120% of area median income, or about $118,950 for a one-person household.
Those on the more slow-growth side, including Vice Mayor Tom DuBois and Councilwoman Lydia Kou, take a more restrictive view and believe the city should primarily focus on apartments designated for tenants at lower-income tiers, much like those in the Wilton Court development that is slated to go up at El Camino and Wilton Avenue. All 59 units are designated for residents that make between 30% and 60% of area median income, with those on the highest end making less than $60,000.
The debate about what constitutes "true" affordable housing will take on increased urgency on Monday, when the council considers the rules governing the city's new "planned home" zone, which will allow developers to exceed zoning rules on aspects such as height, density and parking in exchange for housing. The council voted in February to introduce the zoning designation as a way to encourage more housing, though it left the details hazy.
The new zone is a descendant of the city's "planned community" zone, which was used in the past for both affordable housing projects and for mixed-use developments such as Edgewood Plaza, Alma Village and the College Terrace Centre. Unlike the "planned community" zone, which involves negotiations between the city and the developer over "public benefits" that the latter has to provide, the "planned home" zone would specify that the chief public benefit is housing.
The idea, Fine said during the February discussion, is to let staff go work with homebuilders to figure out what they need, whether it's reduced parking, more height or reduced setbacks.
"I want to be clear, we're not negotiating things like grocery stores, or park benches or rooftop gardens," Fine said. "Housing is actually the benefit there."
Developments under the planned home zone will be allowed to have a commercial component, though the council specified in February that the housing would need to be adequate to offset the demand for residential units from the project's employees and lower Palo Alto's jobs-housing imbalance.
The council agreed that 20% of the units in the proposed developments would need to be "affordable housing," which is higher than the city's normal 15% requirement for new residential developments. The council left unanswered, however, the question of affordability when it comes to the new housing units. Some on the council, including Kou, argued that setting the limit at the high end of area median income will not produce the type of housing that the city really wants. She proposed in February that these projects be required to provide housing at 50% of the area median income level.
Others, including Tanaka, raised concerns that imposing stringent affordability requirements would discourage applicants from coming forward. He also argued that raising the percentage of income-restricted units would discourage developers from submitting proposals.
"If we want to make housing, it has to be economically viable," Tanaka said. "We can't expect people to lose money on this."
While Tanaka wondered in February whether the city's proposed rules for the "planned home" zone will actually produce results, Palo Alto has seen some positive signs since then. In June, the council considered a proposal from Sand Hill Property Company for a mixed-use development with 187 rental units and a two-story office building at 3300 El Camino Real, on the edge of Stanford Research Park.
The city also received an application for a potential "planned home" project from the Menlo Park-based developer Acclaimed Companies that includes 119 units, as well as 1,000 square feet of retail and 5,000 square feet of office space, at 2951 El Camino Real, in the Ventura neighborhood.
A new report from the Department of Planning and Development Services states that despite the pandemic, staff "continues to be approached by developers interested in pursuing housing developments." For the council, which has consistently failed to meet its annual goal of 300 new housing units per year, this is a welcoming trend. The staff report notes that the city is not on target to meet its Comprehensive Goal of producing between 3,545 and 4,420 new housing units by 2030.
"The lack of housing affordable at all income levels contributes to other impacts experienced in Palo Alto," the report states. "These impacts relate to traffic congestion, higher vehicle miles traveled, greater greenhouse gas emissions, and diminished housing opportunities, among other quality of life issues."
To gain some clarity on the issue of affordability, staff is proposing numerous options for the council's consideration. Under one proposed option, the 20% requirement would be split among various affordability levels, with the developer being required to provide 5% for each income strata.
Under another option, the city would weigh units based on their affordability level and adjust the number of required units accordingly. Thus, a developer who wants to satisfy the 20% requirement by building housing for the "moderate" income level would need to produce more such units than a developer who is building units in the "low-income" tier. The approach, according to staff, recognizes that units in the "low," "very low" and "extremely low" categories entail more subsidy and a lower return of investment.
"Requiring more units to be deed restricted at the lower income level means greater concessions from the zoning code to home builders will be required."
The option, according to staff, provides "maximum flexibility to determine how to comply with the inclusionary requirement and, if elected, would tend to generate more low and very-low income units than would otherwise be produced or a greater number of income restricted units if a developer chooses units in the moderate or workforce housing range."
For rental properties, staff is proposing a different approach: requiring them to provide 10% of their units for "very low income" housing (50% of area median income) and paying housing impact fees equivalent to 20% of the city's requirement. This, according to staff, is equivalent to a 25% inclusionary requirement. The city would then be able to use the funds to support affordable-housing developments similar to Wilton Court, which received about $10 million in city funding.
"Payment of the housing impact fee will help restore the City's housing funds, which are typically used by non-profit, low-income housing projects," the report states. "Non-profit housing typically also provides supportive programs that low-income households can use to find jobs, help with school work, connect with social services and other programs; these services are not generally provided in market rate housing projects.
According to staff, a hypothetical 100,000-square-foot rental project with 100 units would be required to provide 10 "very low income" units and pay about $2 million in fees.
Even with the new zone designation, developers would need to go through the city's typically lengthy review process to win approval. This includes a "pre-screening" session with the council, reviews from the Planning and Transportation Commission and the Architectural Review Board and final approval from the council.
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With new zoning tool, Palo Alto looks to relieve housing drought - Palo Alto Online
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September 18, 2020 by
Mr HomeBuilder
BEIJING, Sept. 19, 2020 /PRNewswire/ AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it received a notification letter dated September 16, 2020 (the "Deficiency Letter") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq") notifying that the Company is no longer in compliance with the Nasdaq Listing Rule 5550(b)(1) for continued listing due to its failure to maintain a minimum of $2.5 million in stockholders equity. In the Companys Form 20-F for the fiscal year ended December 31, 2019, the Company reported a negative stockholders equity of approximately $19 million. Nasdaq also determined that the Company does not meet the alternatives of market value of listed securities or net income from continuing operations for continued listing.
The Deficiency Letter does not result in the immediate delisting of the Companys ordinary shares represented by American depositary shares on the Nasdaq Capital Market. The Company has 45 calendar days from the date of the Deficiency Letter, or until November 2, 2020, to submit a plan (the "Compliance Plan") to Nasdaq to regain compliance with the minimum stockholders equity standard. If the Compliance Plan is accepted by Nasdaq, the Company may be granted a compliance period of up to 180 calendar days from the date of the Deficiency Letter to evidence compliance. However, since Nasdaq previously notified the Company that its bid price compliance period expires on December 10, 2020, the Compliance Plan shall also set forth a plan to address the minimum bid price requirement by such date.
The Companys management is looking into various options available to regain compliance and maintain its continued listing on the Nasdaq Capital Market. The Company intends to submit the Compliance Plan as soon as practicable.
This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency.
About AirNet
Incorporated in 2007 and headquartered in Beijing, China, AirNet provides in-flight solutions to connectivity, entertainment and digital multimedia in China. Collaborating with its partners, AirNet empowers Chinese airlines with seamlessly immersive Internet connections through a network of satellites and land-based beacons, provides airline travelers with interactive entertainment and a coverage of breaking news, and furnishes corporate clients with advertisements tailored to the perceptions of the travelers. For more information, please visit http://ir.ihangmei.com.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "is expected to," "anticipates," "aim," "future," "intends," "plans," "believes," "are likely to," "estimates," "may," "should" and similar expressions, and include, without limitation, statements regarding the development of the COVID-19 pandemic and its impact on the Companys business operations. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Companys beliefs and expectations, are forward-looking statements. Forward-looking statements are based upon managements current expectations and current market and operating conditions, and involve inherent risks and uncertainties, all of which are difficult to predict and many of which are beyond the Companys control, which may cause its actual results, performance or achievements to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but not limited to the following: its ability to achieve and maintain profitability; its ability to continuously improve its solutions and services enabling inflight connectivity; its ability to compete effectively against its competitors; the expected growth in consumer spending, average income levels and advertising spending levels; the growth of the inflight connectivity industry in China; and government policies affecting the inflight connectivity industry in China. Further information regarding these and other risks, uncertainties or factors is included in the Companys filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
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BIDU INVESTOR ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff - Global Banking And Finance Review
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September 18, 2020 by
Mr HomeBuilder
St. Michael
Built in 2019, this three-bedroom, three-bath house has 2,978 square feet and features two bedrooms on the main level, fireplace, hardwood floors, eat-in kitchen with granite countertops, full finished basement, deck and shared in-ground pool. Listed by the David Foy Group, Keller Williams Classic Realty Northwest, 612-990-6000.
St. Paul
Built in 1947, this four-bedroom, two-bath house in the Highland Park neighborhood has 1,646 square feet and features an upper-level bedroom, hardwood floors, stainless-steel kitchen appliances, screened-in porch and two-car detached garage. Listed by Mark Kovatch, Coldwell Banker Realty, 612-865-1911.
Lino Lakes
Built in 1990, this four-bedroom, three-bath house has 3,010 square feet and features three bedrooms on the lower level, vaulted ceilings, skylights, two fireplaces, formal dining room, hardwood floors, screened porch, full finished walkout basement, patio and deck. Listed by Danielle Bade, Edina Realty, 651-398-5711.
* Listings active as of Sept. 16
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Home listings: What $415000 buys in the Twin Cities area - Minneapolis Star Tribune
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September 18, 2020 by
Mr HomeBuilder
When designing its important to remember that black is a neutral. That is, everything looks good with it and it is easy to change out items within a space to update or switch moods, says Margles.
For less drama, a lighter touch will do the trick, with well-placed broad stroked blocks of colour, for example solid black in the countertops, or hardware or perhaps just the lower cabinetry.
Black grounds a room, so that the eye has somewhere to rest and so that other details in the space pop against it. By using it as a focal point in the kitchen, for example in the island, everything surrounding it stands out, says Margles.
And when it comes to feature walls, black takes the cake.
Michelle Jones, principal designer and owner at Canmores interior design firm MK Design, suggests using Benjamin Moores Black Tar or for a more charcoal shade, Black Magic by Dulux paint. She used these two colours to create feature walls in the great room and the den in the 2019 Foothills Hospital Lottery early bird show home prize, a three-storey, two-bedroom mountain home in Canmores Spring Creek community. The feature walls play off of a charcoal and gold veined quartz-topped kitchen island and the black Rundle stone that surrounds the fireplace.
I really wanted it to feel contemporary and current, while keeping that timeless mountain esthetic. I created a bold palette of white and black and mixed in multiple wood tones and textures to warm up the space, says Michelle Jones.
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The new black is ... black - Calgary Herald
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September 18, 2020 by
Mr HomeBuilder
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The Best Knife Block Sets That'll Look Gorgeous on Your Countertop - KCTV Kansas City
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September 18, 2020 by
Mr HomeBuilder
Tammie Shanahan| Correspondent
Looking for a large family-sized pool home, but find yourself discouraged by the current pricing out there? Look no further, because youll find everything youre looking for in this four-bedroom, three-three bath brick beauty with a circular drive. The split-bedroom, open-concept floor plan features volume ceilings, plus vaulted ceilings and an abundance of glass that make the center of the home feel even larger than it is. The kitchen offers white raised-panel cabinetry, all new stainless-steel appliances, solid-surface countertops, plenty of storage and a breakfast bar. On the left side of the move-in-ready home is the owners suite, boasting a beautiful view of the lanai and pool, as well as an oversized bathroom, with a garden tub, a separate oversized shower, dual sinks and walk-in custom closets. On the opposite side, there is a guest bedroom, with a full bath, plus two additional bedrooms and the pool bath. The large covered lanai offers plenty of room for a table and chairs, a couch, television and grill, while the pool is large enough for laps and offers the utmost of privacy.
ADDRESS:65 Sandy Hill Circle, Port Orange
TOTAL LIVING SQUARE FEET:2,296
LOT SIZE:85 feet by 138 feet
BEDROOMS: 4
BATHROOMS: 3
STORIES: 1
YEAR BUILT: 1992
PRICE:$384,900
CONTACT:Geri Westfall, Geri Westfall Real Estate, 386-852-0339
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Beautiful Ormond family home has a price that will not disappoint - Daytona Beach News-Journal
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September 18, 2020 by
Mr HomeBuilder
Engineered Stone Market report would come handy to understand the competitors in the market and give an insight into sales, volumes, revenues in the Engineered Stone Industry & will also assists in making strategic decisions. The report also helps to decide corporate product & marketing strategies. It reduces the risks involved in making decisions as well as strategies for companies and individuals interested in the Engineered Stone industry. Both established and new players in Engineered Stone industries can use the report to understand the Engineered Stone market.
In Global Market, the Following Companies Are Covered:
Get a Sample Copy of the Report @ https://www.360marketupdates.com/enquiry/request-sample/14843764
Analysis of the Market:
Engineered stone is a composite material made of crushed stone bound together by an adhesive, (most commonly polymer resin, with some newer versions using cement mix). The two common stones used in producing these products are marble and quartz. The application of these products depends on the original stone used. For engineered marbles the most common application is indoor flooring and walls, while the quartz based product is used primarily for kitchen countertops. Related materials include geopolymers and cast stone. Unlike terrazzo, the material is factory made in either blocks or slabs, cut and polished by fabricators, and assembled at the worksite.
The global Engineered Stone industry has a rather high concentration. The major manufacturers are concentrated in China, Europe, North America, such as DuPont, CXUN, Wanfeng Compound Stone, Vicostone and Zhongxun.
The global consumption of Engineered Stone increases from 226074 K Sq.m in 2013 to 359537 K Sq.m in 2017, at a CAGR of more than 12.30%. In 2017, the global Engineered Stone consumption market is led by China and China is the largest region consumption market, accounting for about 35.37% of global consumption of Engineered Stone.
Engineered Stone downstream is wide and recently Engineered Stone has acquired increasing significance in various fields of Kitchen Countertops, Facades, Flooring, Bathroom and others. Globally, the Engineered Stone market is mainly driven by growing demand for Bathroom. Bathroom accounts for nearly 35.42% of total downstream consumption of Engineered Stone in global.
Engineered Stone can be mainly divided into Artificial Marble and Artificial Quartz which Artificial Marble captures about 88.91% of Engineered Stone market in 2017. According to our research and analysis, manufacturers from China are the major leaders in the international market of Engineered Stone.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Engineered Stone consumption will show a trend of steady growth. In 2024 the consumption of Engineered Stone is estimated to be 788768 K Sq.m. On product prices, the slow downward trend in recent years will maintain in the future.
Market Analysis and Insights: Global Engineered Stone Market
The global Engineered Stone market is valued at 1391.6 million USD in 2020 is expected to reach 2893.6 million USD by the end of 2026, growing at a CAGR of 10.9% during 2021-2026.
Global Engineered Stone Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the markets growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market experts opinions have been taken to understand the market bette
Engineered Stone Market Breakdown by Types:
Engineered Stone Market Breakdown by Application:
Critical highlights covered in the Global Engineered Stone market include:
The information available in the Engineered Stone Market report is segmented for proper understanding. The Table of contents contains Market outline, Market characteristics, Market segmentation analysis, Market sizing, customer landscape & Regional landscape. For further improving the understand ability various exhibits (Tabular Data & Pie Charts) has also been used in the Engineered Stone Market report.
Get a Sample Copy of the Report @ https://www.360marketupdates.com/enquiry/request-sample/14843764
Reasons for Buy Engineered Stone Market Report:
In the end, Engineered Stone Industry report provides the main region, market conditions with the product price,profit, capacity, production, supply, demand and market growth rateand forecast etc. This report also Present newproject SWOT analysis,investment feasibility analysis, andinvestment return analysis.
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Email: [emailprotected]
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Engineered Stone Market 2020-2026 to Post a CAGR of XX%, Segmentation by Key Regions, Gross Margin, Profit, Analysis, Market Size & Growth - The...
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September 18, 2020 by
Mr HomeBuilder
While outdoor dining has gotten us out of our homes and minimized time spent in the kitchen, the colder months will likely bring us back to making meals and yummy treats at home once more.
Whether you're whipping up dinner or trying out new TikTok recipes, two things are sacred in the kitchen: time and space. Working from home might have given you less time on your hands, and with the whole family home, your countertop space might be more sparse than ever.
Chef Elena Besser joined the 3rd Hour of TODAY this morning to share some kitchen gadgets that can help maximize space in one of the busiest rooms in the house and take some of the prep time out of home cooking.
From an electric wine opener to a food processor that can help reduce clean-up time, Besser shared a few favorites that can come in handy in any kitchen.
Need extra room on your kitchen counters or even in your refrigerator? This tiered turntable organizer can keep sauces, jams and any other bottled or jarred goods within reach and prevent them from magically disappearing on bottom shelves or in the back of the refrigerator. You can choose from the acacia or bamboo styles to find the finish that best suits your kitchen.
While some prefer bare kitchen countertops, sometimes keeping a few essentials on your kitchen counter can be unavoidable. Besser says a self-standing countertop shelf can help keep everything "looking pretty" without feeling like a cluttered mess. This expandable rack is made from steel with a smooth, white finish that can make any kitchen feel clean and modern.
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If you don't own one already, Besser says a spoon rest can be a "game-changer" for any kitchen. Whether you're stirring pasta sauce with a wooden spoon or using a silicone spatula to achieve the perfect scramble eggs, this stoneware spoon rest can help keep your counters free of drips and spills. You can even snag this West Elm exclusive on sale right now for less than $8.
Besser says owning a mini food processor has truly changed her life, noting that it leaves her with less of a mess to clean up and is easy to stow away, even in small kitchens. This mini food processor can help chop up veggies, make sauces or marinades, grind meat and more.
Our phones have likely come to replace our cookbooks, so keeping digital recipes in reach and in view while cracking eggs and chopping up herbs is a must. This cutting board from Food52 can keep your phone propped up on one side while catching juices and food scraps on the other. It has just the right amount of surface area and is thick enough to carve, cut and chop without worrying about it sliding off the counter. Even better? It can also double as a cheese board for wine nights.
Aloe vera is one of the most popular methods for soothing sunburn, but the plant can also help relieve mild cooking burns, so it helps to keep one on-hand in the kitchen. Consider it decor that is both modern and functional.
This wine opener that works with just the push of a button shows that technology is advancing in all of the right ways. If the manual wine opener you bought at the store years ago makes corking the bottle all the more complicated, this electric version can open up to 30 bottles on a single charge. The innovative design also makes it sleek enough to leave out on the counter, so you can pop open your next bottle of ros in record timing.
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Jillian Ortiz is a digital editorial intern for TODAY E-Commerce.
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Cut down on time in the kitchen with these 7 chef-approved gadgets - TODAY
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September 18, 2020 by
Mr HomeBuilder
Sarah Colburn, Special to the Times Published 8:12 p.m. CT Sept. 17, 2020
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SARTELLThis custom home is designed by a couple with lots of home-building experience.
The couple, who owned a home-building business in Canada, designed the house around a unique horseshoe-shaped island at the center of the home. This central feature creates a space perfect for everyday use and for entertaining friends and family. The island is combined with a central eating area in the middle and on both sides.
As they designed the main living space, they took full advantage of the homes surroundings and created a full back wall of framed glass windows to capture the natural landscape and the unparalleled views of the private, neighborhood lake. Huge timber ceiling beams add to the natural beauty inside the home.
The kitchen is spacious and built to allow for ease of conversation as food is being prepped.(Photo: Lynette Bauer, 360 Real Estate Image, LLC)
Shiplap ceilings and accents add to the comfort of the main floor, as do the hand-scraped hickory hardwood floors.The kitchen is spacious and built to allow for ease of conversation as food is being prepped.
The main living room features a mixture of modern and natural elements including a wood-burning fireplace and mantle and contemporary light fixtures. This floor of the home features triple-paned windows with remote-operated window treatments.
The master bedroom suite features the same beautiful views of the lake and the suite has a spacious walk-in closet with custom, built-in shelving and a spa-like en suite. The en suite offers a soaking tub and a walk-in shower as well as countertops with double sinks and upper and lower vanity storage.
The same care and eye for design was used when creating the in-home office. The office has waterfront views to make working from home a more enjoyable experience, said the owner.
The lower level of this home features a finished family room with wet bar and more full views of the lake. This walk-out allows the natural light in and offers access to the outdoor patio.
The lower level also features a theater room with insulated walls for ultimate viewing comfort.
The lower level also features a theater room with insulated walls for ultimate viewing comfort.(Photo: Lynette Bauer, 360 Real Estate Image, LLC)
Outside, the deck, with its iron railings, provides the perfect overlook of the waterfront and the lower patio is a great place for entertaining around an outdoor fire.
The homeowners association for the neighborhood includes use of the private beach, two peddle boats and a common playground.
This home at 1405-20th Ave. S,Sartell is listed for $774,900 by Amy Legatt of ReMax Results.
Read or Share this story: https://www.sctimes.com/story/life/2020/09/18/mansion-market-custom-sartell-home-has-modern-style/3475788001/
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Mansion on the Market: Custom Sartell home has modern style - SC Times
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September 18, 2020 by
Mr HomeBuilder
Herald Times Reporter reporter Patti Zarling is launching a new column to keep you informed of all the business news happening in Manitowoc County. Here's some info about her Streetwise Manitowoc column. Send her business tips to pzarling@gannett.com or call 920-686-2152.
TWO RIVERS - VT Industries in Two Rivers is looking to hire about 50 employees within the next six to nine months and will be offering a $1,500 signing bonus to new hires.
The company said in a news release Friday the positions are needed to accommodate planned growth at the Two Rivers facility, at 1 Eggers Drive, including the expansion of its door production. Most of the positions will be in the production facility and a few will be in the office, the company said.
The recruiting process is under way and the company said applications can be submitted onlineat http://www.vtindustries.com/company/careers/ or in person at the Two Rivers facility.
The Two Rivers facility will also have an open house from 1:30 to 6:30 p.m. Oct. 1 in honor of NationalManufacturing Month and to celebrate the two-year anniversary of VTs acquisition of Eggers Industries. Applications for employment will be available at the open house, as well as opportunities for immediate interviews. Face coverings will be required for all open house participants and social distancing will be practiced. Closed-toed shoes are needed to enter the production facility; safety glasses and hearing protection will be provided to participants, the company said.
Eggers Stile & Rail Doors by VT Industries(Photo: VT Industries)
VT Industries, based in Holstein, Iowa, produces architectural wood doors, postformed laminate countertopsand CenterPointe butcher block countertops. The company acquired Eggers Industries, with facilities in Two Rivers and Neenah,in October 2018. At the time of the acquisition, VT ownerDoug Clausen said the company planned to sustain and grow both operations in Wisconsin.
According to Ann Duebner, vice president of the Eggers Division of VT Industries:The Eggers Division has brought insightful manufacturing expertise and a sophisticated product line that has allowed VT to expand its product portfolio. Were excited for the next chapter of growth for VT and the opportunities these growth plans bring to our communities and the state of Wisconsin.
The companys three divisions serve customers from 12 manufacturing facilities across the U.S. and Canada.
In June, VT broke ground on a 45,000-square-footaddition to its facility in Neenah. The company said thenew addition will house a new Core Assembly Machineand is the first step in a three-year project to increase capacity at the Neenah facility by more than 50%. The next phases of the project will include additional automation, as well as added production employment opportunities, the company said.
Contact Brandon Reid at 920-686-2984 or breid@gannett.com. Follow himon Twitter at @breidHTRNews.
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Two Rivers' VT Industries to hire 50 workers, offers $1,500 signing bonus - Herald Times Reporter
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