It is the middle of December, which means there is much happening here at Lou-Rich. Everyone is focused on what we have remaining for customer shipments through the end of the year and making sure those demands ship out on time. We want to finish out December as strongly as the rest of the months in 2022. It looks to be a record year for us here at LR, and we owe that to our dedicated staff, loyal customers, and excellent suppliers. We need all three to make us successful.
As we get closer to the holidays, there are many activities that happen here at Lou-Rich. Potlucks, toys-for-tots drive, winter gear drive, silent auction, and retirement celebrations are just to name a few. All of these are fun events that normally do not occur throughout the year and definitely put us in the holiday mood.
Looking forward to 2023, our trend of increasing sales looks to continue. We will be making some nice investments in both equipment and facility improvements. The largest is a $1+ million investment in a 500mm horizontal machining cell. This features two 500mm machines, with a 28-pallet pool and part handling automation. This will give Lou-Rich some much need capacity in horizontal machining. The machines will be installed in January and hopefully in production by February. The automation is slated for install mid-year 2023.
Thank you to all of you for helping make 2022 successful for Lou-Rich.
Happy Holidays from all of us here,
Lou-Rich General Manager