Cash infusion will add new capabilities to better serve the Elkhart community
Elkhart, IN — Dec. 19, 2019: Wait Industries, LLC, a private capital investment vehicle focused on the manufacturing space, announced that it will invest more than $3 million dollars in its Elkhart, IN plant.
This investment will be made during the next nine months. Wait Industries will purchase $1 million worth of capital equipment, including the addition of tube laser, CNC tube bending, robotic welding and upgraded powder coating capabilities to the Elkhart location.
“Due to a bright outlook for our company, we purchased our 98,500 square foot manufacturing facility to give us the flexibility to grow with the needs of our customers,” says Doug Wait, president of Wait Industries. “All of these new capabilities are targeted to better serve our current customers, reduce costs and pursue new markets for our markets.”
With the support of this investment, Wait Industries will continue to provide high-quality products, competitive pricing, and on time delivery to the region’s growing need for metal fabrication.