J.M.R. Industrial Purchases Bushkill Township Site For Expansion
Allentown, Pa. – A Bethlehem Township company that makes equipment for the storage industry is moving to larger quarters and may add employee thanks to a financing package arranged this month by Lehigh Financial Group of Allentown.
J.R.M. Industrial has purchased six acres in Bushkill Township near Wind Gap for its new facility, said company President Jeff Smith. 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.
J.R.M. specializes in products such as fork lifting equipment, pallet jacks, rollers, cranes, carts and 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.”
Jeff Barber of Lehigh Financial said his company helped J.R.M. obtain conventional commercial financing for the move and expansion.
“I enjoyed working with JMR Industrial to help owners Jeff and Dick Smith on the acquisition of commercial real estate,” Barber said. There is no greater feeling than helping a family business like theirs expand and grow.”
Smith praise the Lehigh Financial team of Barber and Lewis Edwards for creating a smooth process to the financing arrangement.
“I don’t know what they did behind the scenes but they put it all together for us so we could close on July 1,” Smith said. “They were a big help in getting all of our approvals for the package.”
Lehigh Financial Group, LLC is a leading source of innovative real estate capital solutions and financing options for commercial customers. The company, based in Allentown, serves the Lehigh Valley region by providing capital for businesses and investors locally, regionally and nationwide. For more information on how Lehigh Financial Group LLC can help your business, please see our website at http://www.lehighfinancialgroup.com.
Jeff Barber
Lehigh Financial Group LLC
1244 W. Hamilton St.
Allentown, PA 18102
