Stonepeak to Invest $10 Million in Tennessee Production Facility
Crossville, TN, September 19, 2023-Throughout 2023, Stonepeak Ceramics has embarked on a $10 million comprehensive program of capital investments with a focus on all aspects of the Tennessee production facility. These investments encompass production technologies and quality enhancements. The program includes a multi-phase manufacturing upgrade to the company’s Tennessee plant, which is expected to be completed at the end of December.
The plant upgrade will provide Stonepeak’s customers with XL gauged porcelain stoneware slabs and high-end large format materials of the highest quality and includes new polishing lines and new 12-bar digital printing machines with state-of-the-art capabilities. These upgrades will further improve the quality, innovation and design of the company’s products, including enhancement of through-veining porcelain solutions, expansion of color ranges and enhancement of polished finishes. Additional upgrades will also enable the company to stock higher inventory levels and guarantee faster turnaround times.
Furthermore, Stonepeak Ceramics will also be implementing a new warehouse management software to further improve stock management practices and better respond to expanding customers' needs. The new system will increase handling, storing, and shipping efficiency, helping meet surging demand and offering unparalleled support in the industry.