PRESS RELEASE: Olde Wood Limited Breaks Ground on New Building and Manufacturing Facility in Magnolia, Ohio.
[Pictured above: (L-R) Ervin Hostetler, Josh Willems (Wooster Buildings), General Contractor Jeff Welker, Kris Young (Olde Wood), Olde Wood owners Tommy and Mandy Sancic with children Tommy and Shayla.]
Olde Wood Limited’s Ohio-based campus to become showcase for reclaimed hardwood flooring and antique lumber; doubling production and adding Stark County, Ohio jobs.
May 14, 2012 – Olde Wood Limited broke ground on a new 30,000-square-foot office and manufacturing facility in Magnolia, Ohio, which will enable the company to streamline production, facilitate growth and cater to a rapidly expanding consumer market eager to purchase reclaimed hardwood flooring.
According to Olde Wood owners, Tommy and Mandy Sancic, the facility will house an expanded showroom of the company's prized hardwood flooring collections, a variety of interior design product lines, along with its growing selection of reclaimed wood, custom and wide plank hardwood flooring, barn stone, wood brick/tile, and other specialty antique building and design materials.
Additionally, Olde Wood has recently purchased state-of-the-art production equipment for the new manufacturing plant, which includes a new line for engineered flooring, to double their current production line as part of an initiative to make manufacturing more efficient and speed up fulfillment turnaround times.
The new facility is located nine miles south of Canton, Ohio on 180 acres of land recently purchased by Olde Wood Limited. The location is roughly 10 miles from the company's existing showroom in Malvern, Ohio, which the company opened in 2003. The new address will be 7557 Willowdale Rd., Magnolia, Ohio 44643.
Sancic said groundbreaking on the new facility will take place May 14, 2013 at 8:30 a.m., with completion slated for October 1, 2013 (grand opening event date to be announced). Olde Wood plans on doubling its current staff of 35 when the new facility is completed and expects to add 100+ new jobs in the next 3-5 years.
"You're not going to believe this place," Sancic commented. "We're building a state of the art facility from the ground up that will double our production abilities. We've even laid out a beautiful, hands-on center where dealers can bring their clients to experience our product lines first hand and find solutions to their particular needs."
Olde Wood Limited is projecting 30% sales growth in 2013, according to Sancic, who said the demand for reclaimed, antique and engineered flooring has skyrocketed in the past five years. "That growth has been particularly noticeable among our network of dealer partners and a marked increase in local retail traffic," he noted.
For more information, please contact Olde Wood's Marketing Coordinator at 866-208-9663 or visit www.oldewoodltd.com.