NEW ALBANY, Miss.--(BUSINESS WIRE)--Albany Industries today announced a strategic expansion plan to add a 354,000 sq. ft. manufacturing and distribution facility in Salt Lake City, UT to their growing global operations. This facility will support Albany’s continued market expansion through the western U.S., providing expanded offerings, improved lead times, and enhanced service for retail customers throughout the area.
“Albany has enjoyed tremendous growth in recent years by offering unique home furnishings products with exceptional value to the U.S. marketplace through utilizing our extensive global supply chain and operating facilities,” stated CEO Mark Gosnell. “Currently, our operations in three countries and four states enable us to provide exceptional service and value to U.S. retailers. The western U.S. represents approximately a quarter of the total U.S. upholstered furniture market. The addition of our Salt Lake City operation will facilitate our increased presence in the western U.S. and provide exceptional support for our retail partners in that region. Additionally, it positions us to serve over 1,200 national and regional retail locations across eleven states, as well as hundreds of independent retailer locations.”
“A key growth strategy for us at Albany is focused on getting close to our customers to better respond to their needs and shorten lead times,” said Craig Zielinski, COO. “Albany has long been a very operationally driven company which allows us to scale in a way that will be seamless to our expanding customer base. We are very excited for this expansion as Salt Lake City is a centrally-located spot for this next growth initiative.”
“Albany continues to strategize for long term growth and this expansion is a pivotal milestone,” said Bentley Jones, Chief Revenue Officer. “The new facility in Salt Lake will expand our presence and ability to serve the western region by providing freight savings, shortened lead times, and lower inventory carrying costs for our customers. With our best-in-class styling and value focused price points, Albany is excited to increase our presence and product offerings throughout the western U.S.”
About Albany Industries
Albany Industries – where style meets comfort and quality embraces value. Headquartered in New Albany, MS, Albany Industries has offered stationary upholstery since 1995. Albany Industries is a one-stop shop for both domestic and imported quality furniture for every room in your home.