Lasco Manufacturing Makes Room for Increased Productivity
- LASCO Manufacturing Limited (LASM) recently completed the construction of a 65,000-square-foot warehouse at its White Marl complex at an approximate cost of US$5.2Mn.
- The commissioning of the warehouse has led to the streamlining and simplification of internal logistics operations, eliminated the need for external storage and costly double handling, and is already generating significant efficiencies and cost reductions, according to the company.
- LASCO is also in the process of expanding its dry products manufacturing plant by 12,000 square feet. Completion is slated for May 2019. The expected US$1.7Mn expansion aims to streamline additional manufacturing processes and significantly reduce costs.
- Combined, these initiatives are expected to increase the company’s productive capacity and reduce costs, which will bode well for its bottom line in coming quarters.