Expanding and/or Refurbishing a Running Facility

When the option of a new facility isn’t a good choice due to financial reasons, or any others for that matter, then refurbishing, or an addition to the building can be a “stop gap” measure while you wait for your business to grow, or the economic climate changes for the better. If you’re growing at 5% per year and already running 2-3 shifts … then the choice/decision is an easy one. Do you build new? Find an existing larger building and relocate? Or expand and refurbish? Cost usually is the driving force here. And with new construction averaging $80-$120 per ...

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