Acadia Manufacturing Corp., a Baltimore-based firm that produces replacement windows and doors, is trying to put its new quarters to good use.
Beginning Sept. 1, the company will begin accepting contracts on a new line of welded vinyl products that the firm could not have manufactured in its old building in White Marsh.
Bob Mead, a spokesman for Acadia, said the White Marsh facility was too small to handle the equipment needed to make the welded products, which, he said, are state of the art in replacement windows and doors.
The 43-year-old company, which emerged from Chapter 11 bankruptcy in April, moved recently to a newly constructed, 35,000-square-foot facility at Pulaski Commerce Industrial Park in Middle River. That was shortly after a group of new investors pumped needed revenue into the firm.
Prior to the new line, all of Acadia's products were manufactured mechanically, with the seams fastened with screws and rivets. Smith said the new line produces a stronger bond and is preferred by many contractors and homeowners.
Company officials are hoping the new product will help improve the company's profits, which suffered badly in recent years and led to its bankruptcy filing.
"Based on the year so far, optimism in the industry about the economy this fall and the new product line, we are looking forward to a good year," said Acadia President Mark Wright.
The company had fallen a long way since the days when it employed 100 workers and produced $5 million in sales annually. Today, the company employs 85, and officials aren't talking about annual sales.
The firm's financial woes have been blamed on an ill-fated expansion that began in 1981 with the addition of a commercial contracting company and diversification into products for new-home construction and mass-merchandising outlets.
That expansion was followed in 1984 by the purchase of manufacturing plants in Norfolk and Philadelphia.
But expansion drained the company finances, and led to manufacturing, marketing and management problems, officials said.
Reorganization forced the sale of the company's holdings in Philadelphia and Norfolk, as well as payment of all administrative claims, taxes and secured creditors.
In addition to banking on its new product line to improve sales, the company is touting its new 1,200-foot showroom decorated to demonstrate its products in a "home-like" setting.
* The following lease transactions were announced by Casey & Associates, Inc., commercial and industrial Realtors:
* Ryder Truck Rental Inc. recently purchased three acres of land at the intersection of Route 715 and Route 7 for a truck rental center.
* Inland Mortgage, a Baltimore-Washington residential mortgage firm, recently leased 5,084 square feet of office space in the Rivers Center at 10280 Old Columbia Road in Columbia.
* Kimmel Tire Corp. recently leased 7,290 square feet of warehouse space at 8390 Washington Blvd. in Jessup. The facility will be used for the installation and servicing of trucks.
* Don Richards Associates of Baltimore, an executive accounting and banking firm and division of the A.J. Burton Group, recently leased 8,152 square feet of space in the Bank of Baltimore Building at 120 E. Baltimore St. The firm is consolidating its Baltimore headquarters and a portion of its Towson office at the new location.