Growth strategies

Lubrication Specialties expands production capability 30 percent

Lsi Expands Production FacilityLubrication Specialties Inc. (LSI) is expanding the company’s bottling production capability by 30 percent and adding shelves to accommodate 20,000 units. Sales of the company’s flagship automotive additive brand, Hot Shot’s Secret, the addition of new automotive oil and gas products, and the increase in private label custom formulations precipitated the decision to increase production and storage for 2019, according to an announcement.

LSI recently celebrated the company’s 20th year of continuous operations, however it was this year that the company was prompted to add several key management positions, greatly expand retail and online distribution and begin production of formulations for new markets that is the impetus for record growth. According to the company, the forecast is that in addition to continued steady sales of Hot Shot’s Secret’s growing product line, LSI will experience a higher concentration of new business in developing problem-specific custom formulations for companies for, and outside of, the automotive aftermarket.

Owner and President Chris Gabrelcik holds both a Certification of Lubrication Specialist and Oil Management Analysis; expertise that is unique in the industry, the company says. LSI was originally based on finding problem-specific solutions for industrial and commercial accounts; a model of operations that led to the development of Hot Shot’s Secret Stiction Eliminator and the company’s automotive aftermarket business.

“With growth and the expansion of our product line, more companies are reaching out to say, ‘Hey, I have problem you may be able to help me with.’ Leading into the trade show season, we have the opportunity to share how we can help companies develop a product specific to their needs. We were founded with diverse clients from all areas of manufacturing and industry, and now we are quickly becoming a one-stop shop for additive and lubrication product development,” says LSI Director of Marketing Kyle Fischer.

Gabrelcik adds, “Our model for operations has been the same from day one. We are a product development solutions center that offers a diverse level of expertise you cannot find elsewhere that transcends one market or industry.”

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Download
Used Truck Guide Cover