GEOTEK, manufacturer of composite fencing products and PUPI crossarms for electric utilities, has purchased a 66,000-sq.-ft manufacturing facility and 20 acres of land adjacent to its existing facility in Stewartville, Minnesota. This location will be immediately utilized to support warehousing operations, and renovations will begin in late summer to support the installation of additional composites manufacturing capacity.
“We are excited to be investing in the future of PUPI fiberglass products for our electric utility customers," said Ben Wiltsie, GEOTEK CEO. “This investment will help us continue to meet growing demand for our products and expand our testing capabilities for larger electrical transmission structures.”
In total, the company plans to invest more than $5 million in the expansion and add more than 60 jobs with several immediate openings (www.geotekinc.com/careers). With the acquisition and renovation of this new facility, the GEOTEK Stewartville campus will encompass 33 acres and over 150,000 sq. ft. The consolidated operations footprint will house chemistry labs, engineering test labs, research and development assets, production, warehousing, and office space to support and service customers across the country and around the world.
Minnesota based GEOTEK is the manufacturer of PUPI, a brand of composite crossarm assemblies for electric power transmission and distribution. Granite Equity Partners is the majority owner of GEOTEK. Founded in 2002, Granite Equity is a private investment and long-term holding company in St. Cloud Minnesota. For more information, see www.GraniteEquity.com.