High-End Cabinet Maker Expanding in the Lehigh Valley
By Colin McEvoy on January 19, 2018
A high-end cabinet maker is expanding in the Lehigh Valley, moving into a new facility offering nearly five times the working space it previously had available.
Campbell and Strasser, a producer of crafted fine architectural woodwork and cabinetry, is relocating from its present 3,700 square-foot location in Bath into a 15,000 square-foot warehouse in Fountain Hill.
This project was assisted by the Lehigh Valley Economic Development Corporation (LVEDC), which helped the company obtain financing through the Pennsylvania Industrial Development Authority (PIDA) to purchase the building.
“The advice and guidance provided by LVEDC was exceptionally helpful,” said Justin Strasser, owner and manager of Campbell and Strasser, who had been looking at properties for several years with only a few good prospects before getting in touch with the organization.
“LVEDC helped me to be aware of my options as well as inform me about reasonable expectations in these sorts of deals, both of which allowed me to remain focused on the day to day of my business while progressing with negotiations, inspections and financing,” Strasser said. “This helped my company purchase a better building and with better financing then I could have arranged on my own.”
The facility Campbell and Strasser previously rented at 116 Barber Street in Bath was too small given the company’s growth over the past few years, and did not allow for efficient workflow, Strasser said.
Strasser obtained a $218,250 PIDA loan at the 2 percent fixed interest rate to finance the purchase of the building at 513 South Clewell Street in Fountain Hill. The new facility will allow for the creation of new jobs within five years, Strasser said.
“Manufacturing is one of the target sectors of the Lehigh Valley economy, and that sector is made up not only of one or two big employers, but 680 manufacturers with about 32,000 employees across the region,” said Don Cunningham, LVEDC President & CEO. “Helping those smaller and mid-size firms is an important part of continuing the economic growth of the region.
Campbell and Strasser also received a phase 1 environmental assessment through LVEDC’s redevelopment program, the Lehigh Valley Land Recycling Initiative (LVLRI).
The PIDA program, considered by many lenders to be Pennsylvania’s flagship economic development lending program, is among several incentive financing resources available through the Lehigh Valley Lending Network.
The network, which is administered by LVEDC, offers a single point of entry to 16 local banks and lending institutions and more than 30 local, state and federal business financing & incentive resources to eligible companies in our region.
The PIDA program offers low-interest loans and lines of credit to eligible businesses that commit to creating and retaining full-time jobs. Last year, PIDA offered interest rates on their primary real estate and machinery and equipment financing program of 2 percent fixed for the life of the loan, the lowest fixed rate in more than two years.
In operation since 1976, Campbell and Strasser crafts architectural woodwork and cabinetry for architects, interior designers, contractors, and a select group of residential clientele.
The company has a reputation for exceptional workmanship, outstanding service, and reliable delivery. Campbell and Strasser manufactures not only cabinets, but also wainscot, mantels, doors, windows, furniture, and built-ins.
The company’s work has appeared in such publications as The New York Times Style Magazine, Architectural Digest, New York magazine, Town & Country, Old House Journal, Design NJ, and the PBS Documentary “From the Ashes.”
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