24 WESTERN PALLET
•Historic lumber and core pricing.
•Shortages for major pallet poolers send ag sector scurrying for pallets.
•Severe labor shortages and skyrocketing labor rates.
•Distribution centers hold more pallet stock, release less onto open market.
•Sharp rise for pallet demand, sustained into 2022 (particularly for used pallets)
•Major consolidation trend in the recycled industry hits into high gear.
•Recyclers turn to combos and recycled lumber for material supply.
•More COVID strains and disruptions… Government Regulation Uncertainty!
•Severe nail, supply and transportation shortages.
•Historic inflation.
Kamps, Inc. Announces Opening of Connecticut Pallet Recycling Facility
GRAND RAPIDS, MI, October 2022 – Kamps, Inc., one of the nation’s leading pallet companies, has announced the opening of a new pallet facility in Bloomfield, Connecticut. The facility will begin operations immediately and will specialize in wooden pallet recycling and custom pallet manufacturing, two of the company’s core service offerings. The latest expansion comes on the heels of strong third-quarter growth for the company and is the fourth location Kamps has added since August.
The new location is housed in a 55,000-square-foot indoor facility outfitted for product storage, repair stations, and state-of-the-art operations equipment. The company plans an initial hire of 30 employees, and currently has 40 trailers available to service customers. The new location will allow Kamps to provide increased local support for Connecticut’s robust business sectors and industries. It will also serve an important supporting role within Kamps’ greater Northeast region.
“We are excited to expand in the Connecticut market.” said Justin Kamps, Kamps, Inc. VP of Operations. “The business sectors in this region fit nicely with our capabilities and Kamps’ areas of focus. Our team has done an excellent job of opening this facility,
and we are excited to bring our level of quality and service to the local market.”
“The decision to open the Bloomfield plant was mainly due to the current business we have already accumulated in the area,” said Dominick Davi, Regional Director of Sales and Operations (Kamps Northeast). “We are excited to provide more localized support for our current customers in the market, while continuing to expand and grow our customer-base. This was also an opportunity for us to bring great paying jobs to the area.”
Adding the new location grows Kamps’ national presence to 53 asset-based locations, supported by over 7,000 trailers and 3,500 total employees. It also reinforces Kamps’ willingness to invest in strategic growth, via both acquisition and greenfield strategies, to meet evolving customer needs. Recent market conditions prove that Kamps’ combination of vast resources and local presence is key to successfully supporting supply chains and delivering superior customer experiences, according to the company.