A Lower Nazareth Township company that makes equipment for the storage industry is moving to larger quarters and adding employees thanks to a financing package arranged by Lehigh Financial Group of Allentown.
Now that J.M.R. Industrial bought six acres in Bushkill Township near Wind Gap for its new facility, the small business will expand its distribution capability.
By the early August, the company will move five employees to the new building, said Jeff Smith, president of J.M.R. Industrial.
The move allows the 18-year-old company to expand its manufacturing and administrative spaces and could lead to additional jobs in the near future, Smith said. He plans to do some minor renovations to the site.
The property includes a 5,000-square foot building and some smaller structures on Male Road in Bushkill Township and will be used for warehouse storage, service work and distribution, Smith said.
J.M.R. specializes in products such as overhead crane systems, vacuum systems, pallet jacks, rollers, carts, chain hoists, hand trucks and related equipment used in warehousing and storage.
“We’re expanding into different products and we are now offering maintenance and repair services so we needed space for our own warehouse,” Smith said, noting that he will likely add another sales representative or two when the expansion is complete. “Our office is only 15 by 15 feet so that also has to be expanded. We are getting into a different product line and bringing equipment in by the truckload.”
Jeff Barber of Lehigh Financial said his company helped J.M.R. obtain conventional commercial financing for the move and expansion.
“They currently occupy a very small space,” Barber said. “They needed to do this a long time ago.”
He said he enjoyed working with J.M.R. Industrial to help owners Jeff and Dick Smith on the acquisition of commercial real estate.
The Lehigh Financial team of Barber and Lewis Edwards created the $330,000 financing arrangement.
Lehigh Financial specializes in helping small businesses obtain financing to help them grow.
J.M.R’s office at 224 Nazareth Pike near Bethlehem Township will stay open and be operated by a separate entity, Smith said.