Vaupell Rapid Solutions moved about two blocks to leased space in Hudson, N.H., and invested about $1.2 million to make improvements.
The rapid prototyping business now occupies 37,500 square feet to accommodate growth and enhance efficiency, said Steve Ettelson, vice president for the medical and commercial market segments.
We swapped out some equipment and added a couple of late-model injection molding presses for trials and short-run production, he said. The site operates 10 presses of 35-350 tons.
Planning for a move began in 2008, and the decision to proceed was made in December 2009.
We have been in the same facility for 15 years and leased space in unit after unit at 2,000 square feet each, Ettelson noted.
Vaupell took occupancy in May and began commercial operations Oct. 1 leaving its former location occupying 27,000 square feet in the same industrial park and development zone.
We worked with a consultant to help with the layout to keep it as open and flexible as possible with room for expansion, he said. Vaupell did internal and external pressure washing, painted the ceiling, upgraded the landscaping and created a sales and marketing area.
Ettelson, his brother Mike Ettelson and Chris Nesbitt founded the business in 1995 as Brookfield Rapid Solutions Inc. Stratton Smith is general manager of Vaupell Rapid Solutions, which operates as a unit of Seattle-based Vaupell Inc. under the ownership of private equity firm H.I.G. Capital LLC of Miami.
The change in venue should give us 5 percent to 10 percent higher annual sales and the capability to address other specific opportunities, Ettelson said.
He characterized the current environment as an exciting time for Vaupell with its position in aerospace and the growth here. Everything is relative, but we are on a fast ride now.