“At 38,000 square feet, the new location is significantly larger that the last location. Our expansion will allow PanelTec to cut manufacturing lead times to half in many cases, and we expect to bring many new jobs to the Denver market!
Denver, Colorado (PRWEB) June 07, 2012
PanelTec Cuts Ribbon On New Warehouse Reduces Lead Times By Half.
Issue Date: For immediate release
Contact: Tim Petersen
Effective: June 5th, 2012
PanelTec, a 22 year old manufacturing company that produces lightweight, high strength honeycomb panels, has expanded to Denver.
Recently purchased by successful Greeley entrepreneur, Tim Petersen said this about the expansion.
“At 38,000 square feet, the new location is significantly larger that the last location. Our expansion will allow PanelTec to cut manufacturing lead times from 6-8 weeks (industry average) to 3-4 weeks in many cases, and we expect to bring many new jobs to the Denver market.”
Petersen has a proven track record of building and growing successful businesses, and in conjunction with COO, Mr. Lanny Duggar, a seasoned professional with years of management experience in construction, logistics, distribution, sales, and marketing, PanelTec looks to be no exception.
PanelTec is a manufacturer of composite honeycomb panels. Honeycomb is lightweight and high strength as well as being very versatile for use in numerous applications. It is used in such things as panels for rail, marine, auto industry and ground transportation; displays; small platforms; construction applications; flight simulation and aerospace systems, and for signage that has to be durable and manageable.
By more than doubling the facilities PanelTec will boast worldwide shipping, halved lead times, and will bring many new jobs to the Denver economy.
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