Located adjacent to its existing 211,000ft2 manufacturing facility, the new building will create an additional 125,000ft2 fabrication space and over 20,000 sq ft of office space. The facility will house over $15 million in new steel fabrication equipment and be fully operational by May 2025.
According to Jerad Higman, Masaba founder & CEO, said: “Masaba continues to invest in our Team, the industries we serve, our local economy, and America. Masaba will be on the leading edge in steel processing and will continue to increase the bar on quality. This expansion will allow Masaba to centralise all processing equipment in one building and utilise automation to process all our plate and structural steel.”
“Our investment in the new facility will streamline our operations, expand manufacturing space, and give us the ability to become more vertically integrated,” Higman continues. “We will be able to repurpose our current steel fabrication area into additional weld and assembly bays, which will allow us to meet the increased customer demand we have seen since 2020. The expansion positions us well for future growth. The City of Vermillion and the State of South Dakota have been great partners and supporters of this project!”