10.20.08

Summit Lubricants-2nd Batavia Plant
We are pleased to announce we have acquired a second facility in Batavia, NY. The modern 50,000 square foot steel structure rests on 5.5 acres in the industrial park. The total investment will be $3 million in 2008 & 2009. Installation of equipment is expected to be completed by the first quarter of 2009. The 40,000lb kettles will double current capacity and provide for future expansion. The additional facility will address the needs for continued flexibility and growth as well as providing continiuous operations in the event of a disaster at one location. Administration will move to the new location sometime in '09. Research and development will also be relocated into new offices and laboratories with lab scale kettles for developing new products.

Stay tuned for updates.

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