Wednesday, February 1, 2012

RiteMade

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Stephen Schwartz, CEO of employee-owned said it has no more room at1501 W. 29th St. in Kansaxs City. So the company moved about a tent of a mile across thestate line, to a 90,000-square-foot buildinf built to suit by The site sits atop Cambridgs Circle Hill in Cambridge Business Park. Dean Realty Presiden Lester Dean said the facility is asubstantiak upgrade. “It has a pinnacle view and reallyh is an incredible piece of real he said. “The shared goal was to creatse an iconic headquarters that RiteMade could proudlt show off asa state-of-the art facility.
” Schwartz wants to targeft more of the larger distributors in the small roll paper market, so he said image is “The current building, as functional and low-cost as it is, it doesn’t present a great image for our company,” he said. “Thd new building is much more impressive. When we bring clientsd here, they’ll see that we’ve dressed for success.” Brenft Miles, president of , said the new buildinv is “one of the highest-qualityh industrial buildings in thewhole county.” Schwartz said RiteMadr invested about $1.7 million in buildintg modifications and plans to investf about $1.7 million in new equipment.
“There is a new prese with the potential to increasr our output by at least 50 percent and mayb e up to100 percent,” Schwartz “If it works as we hope, we’d like to send all our presses out to be redesigned to these new specifications.” In the past seve years, he said, new equipment has helped RiteMades cut production costs by 25 Gil Luria, an analyst for , said market spaced leader has lost 4 percentg of its business in this spacee for the past four years. He said the compant that has the lowest cost will do the best in the Schwartz said the new equipment and building should position RiteMade to capitalize onthese conditions.
He said he expects 40 percent employmenty growth. The company employs 102 nationwide, with 60 to 65 in Kansas City.

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