A York County manufacturing firm now owns its building and is hoping to manufacture further growth.
Doucette Industries, which makes heat exchangers and hose assemblies for refrigeration systems and other industrial applications, employs about 30 people at its facility outside the city of York. Doucette’s chief financial officer, Stan Falenski, explains that the company was leasing its 27,000-square foot building. When the company bought a division of electrical-products company RG Industries in 2006, the agreement included an option for Doucette to buy the building.
The firm is now purchasing the building with the help of a $660,000 loan through the Pennsylvania Industrial Development Authority. The total cost of the project is estimated at $1.3 million.
Most of Doucette’s work is for commercial and industrial customers, Falenski says, but the company is planning to expand into the residential market. Three years ago it bought Trevor-Martin Corp., a Florida company that specialized in heat-recovery units for homes. Doucette could potentially hire more workers if sales increase, Falenski says.
Source: Stan Falenski, Doucette Industries
Writer: Rebecca VanderMeulen