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Volume: 41
Issue: 4
Article No.: 25559

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NewAge Industries to Increase Capacity
NewAge Industries closed a deal to buy two building units at a location within seven miles of its southeastern Pennsylvania headquarters. The company will renovate the space, then purchase and install new tubing extrusion equipment and presses for injection molding. The site will be used primarily to manufacture high purity tubing and molded assemblies for NewAge’s AdvantaPure® division, which supplies Single- Use fluid transfer systems to biopharm and pharmaceutical manufacturers.

The purpose of the new location is two-fold. One reason is that demand for the company’s products is high, especially during this pandemic, and NewAge needs to ensure capacity to produce more inventory. The other reason is to maintain an additional manufacturing facility in case of any potential disruption at the main plant. “Since this site is less than fifteen minutes away from our headquarters, there are efficiencies to be gained,” stated Ken Baker, NewAge Industries’ CEO. “It’s close enough that current team members will be able to shift to working at the new building, where they’ll train new people, too. We’re growing and have a lot of open positions right now that we need to fill.”

Renovations at the new location will begin this summer with additional remodeling extending into next year. NewAge anticipates moving in, testing and validating its manufacturing equipment during 2021. The company expects to double manufacturing capacity for its AdvantaFlex® TPE tubing in the short term, and long term, to triple capacity. Silicone tubing manufacturing capacity will also increase substantially.

For more information, contact NewAge Industries, 145 James Way, Southampton, PA 18966, 800-506-3924/215-526-2300, Fax: 800-837-1856/215-526-2190, E-mail: info@newageindustries.com, Web: www.newageindustries.com.

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