St. Louis company plans to expand
March 19, 2014 by Max
One of St. Louis‘s biggest privately-held organizations, the Watlow Electric Manufacturing Co., is planning to expand.
For the first time in many years Watlow, which is located in the Maryland Heights area of the city, is adding and remodeling its facilities. Its plans are to add another 30,000 square feet of space to its existing building, which currently comprises 180,000 square feet. Watlow will also remodel 160,000 square feet of the space already existing. The company is headquartered at 12001 Lackland Road and its proposed expansion may cost $30m.
Watlow wants to expand in order to create what it calls an Advanced Technology Center, where it will work to solve some of the problems facing thermal manufacturing companies. Peter Desloge, Chairman and CEO, said building the new center would create as many as 50 jobs, as well as providing a centralized location for Watlow’s research and development efforts, which are currently fragmented.
Desloge sees the center as being very important to Watlow, because the company’s value to its customers lies in its ability to help them solve thermal problems. For instance, customers generally want more powerful chips for computers, but these chips tend to run at a higher temperature, leading to overheating. This is the type of problem Watlow works to solve.
Watlow might consider having digital business cards printed for the employees who eventually work in the new tech center.