The company said the purchase allows it to increase plant size, offer additional job opportunities, expand existing product lines, introduce new capabilities, and reconfigure its current production lines for improved efficiency. The new plant is U.S. Department of Agriculture (USDA) inspected.
This acquisition falls directly in line with CMA’s significant expansion plans for the next three years. The company said it is on pace to reach $90 million in sales in 2008, a 20 percent increase from last year. With the added space and its capabilities, CMA expects to double its fiscal 2007 sales within the next three years.
“Being able to acquire a USDA inspected plant on an adjacent property was a unique opportunity. The space can be easily reconfigured to suit our needs and brought on line very rapidly,” said CMA president and CEO Jordan Dorfman.
CMA said the building will be ready for production on October 1, 2008.