STI Holdings, Inc. and its operating subsidiary, Stoughton Trailers, LLC, have announced the purchase of land in the City of Brodhead, Wisc.
Stoughton Trailers has purchased approximately 17 acres of vacant real estate in the city of Brodhead situated directly across the street from the Stoughton Trailers Brodhead manufacturing plant at 302 23rd Street.
“The Stoughton Trailers Brodhead manufacturing facility is a critical component of our manufacturing footprint,” says Bob Wahlin, president and CEO of Stoughton Trailers, LLC. “This acquisition will help strengthen our manufacturing operations and also demonstrates our commitment to the city of Brodhead. We are grateful for the support of Mayor Doug Pinnow, Brodhead city council, and Mike Johnson, executive director of Green County Development Corporation for their assistance in making this acquisition a reality. We are proud to be a member of the Brodhead business community, and this acquisition will certainly help us solidify and grow our operations there.”
“The city of Brodhead is pleased with the efforts of GCDC in facilitating the deal with STI Holdings for the purchase of city land adjoining their facility. We are happy to see a great business choose to invest and grow in our community, wish them much success, and look forward to working with them in the future,” Pinnow says.
Stoughton Trailers plans to use the land to support its current manufacturing operations in Brodhead. The purchase also provides for potential future expansion should the need arise. Stoughton Trailers employs more than 1,500 people at operations in Stoughton, Evansville and Brodhead, Wisc. The Brodhead facility employs more than 100 people and manufactures semi-truck trailers for over-the-road trucking.