Gooding Co. Inc. expands production space by 60%+.
LOCKPORT, NY - December 11, 2015
Jerry Hace, president of 139-year-old specialty printer Gooding Co. Inc., reported that the company has nearly finished construction on a 10,000 SF addition to its current 16,500 SF of production space, a 61% increase, at its facility at 5568 Davison Road in Lockport. The $700,000 project includes the purchase of new equipment, and will result in the hiring of an additional six new employees, in addition to the 38 it currently employs.
“We’re looking for ways to better serve our customers in the pharmaceutical, medical, and consumer packaging industries,” said Hace. “This expansion will allow us to gain greater efficiencies, add equipment, and potentially expand into other lines of business.”
Gooding specializes in providing printed packaging solutions for consumer products companies and in the printing of folded Inserts and Outserts for the pharmaceutical and medical industries, as mandated in the 1938 United States Federal Food, Drug, and Cosmetic Act. That legislation requires that written, printed, or graphic matter bearing directions for use and warnings be upon the immediate container of any article.
The Town of Lockport Industrial Development Agency provided financial incentives to assist in the expansion. The IDA determined that the project is expected to result in a cost:benefit ratio of almost 18:1, far in excess of the IDA’s standard of 3:1.
Founded in 1876, Gooding Co. Inc. is a cGMP-compliant specialty printer. Besides its folded Inserts and Outserts for the pharmaceutical and medical industries, the company also manufactures Instruction Sheets, Use & Care Manuals, and Direction Folders for consumer product companies. Through a network of strategic partners, it also provides its customers with an array of components for complete packaging solutions.
To learn more about Gooding, visit www.theinsertoutsertexperts.com.