WHITESTOWN — S.R. Sloan, Inc., is planning to add production capacity thanks to an improved economy and an expanded product line. Family-owned Sloan, 8111 Halsey Road, is a wood truss, wall panel and custom stair manufacturer.
“We’re happy to be back on our game,” Melissa Cummings of Sloan told Oneida County Industrial Development Agency board members Friday as she outlined the firm’s request for incentives. The business plans to add 18,000 square feet of manufacturing space and then equip it. The company wants to add another prefabricated wall panel production line and install a large saw. The estimated investment is $1.8 million. Construction may start as soon as mid-June.
She said the company had record sales last year as it continued its rebound from the Great Recession. Cummings said the recent expansion into wall panels has been a good move for Sloan.
IDA board members gave preliminary approval for a payment-in-lieu-of-taxes agreement, sales tax break on materials and equipment, and state mortgage tax exemption. The company was approved for $167,640 in property tax breaks over 10 years on the incremental assessed value, $31,235 in sales tax exemption and $5,560 in mortgage tax exemption..... READ MORE>
Trusses: 2 Weeks!
Stairs: 2 Weeks!
Wall Panels: 4 Weeks!
Lead times may vary for different locations
Sign up for our newsletter and get monthly updates from SR Sloan, Inc. Learn what makes us different from the rest.