Atlas Engineered Products advances expansion with acquisition of land
May 21, 2024
by CM Staff
This expansion is integral to the Company's ongoing efforts to enhance manufacturing capabilities through automation and robotics.
NANAIMO — Atlas Engineered Products announces the acquisition of an additional 1 acre of industrial zoned land adjacent to its Clinton Building Components facility in Clinton, Ontario. This is in addition to another 1.5 acres of land purchased immediately adjacent to Clinton a few years ago. This expansion is integral to the Company’s ongoing efforts to enhance manufacturing capabilities through automation and robotics.
Both parcels of land will be developed to support future robotic automation projects aimed at boosting operational efficiencies and expanding production capacity to meet housing demands. “With this acquisition, we are positioning ourselves to meet the steady demand we see in the market, despite high interest rates remaining unchanged. This proactive expansion and automation initiative shows our commitment to staying ahead of industry trends and demand curves,” said Hadi Abassi, CEO & President of AEP.
AEP is a growth company that is acquiring and operating operations in Canada’s truss and engineered products industry.