Tessy to Nearly Double Its Space
The pending acquisition would add a campus with three buildings covering roughly 1.5 million ft2 one hour from its existing facilities in Upstate New York.
Tessy Plastics Corp. (Skaneateles, N.Y.) announced the pending acquisition of a former Xerox Holdings Campus in Webster N.Y. that will add three buildings covering roughly 1.5 million ft2 to its existing footprint in Upstate New York. Located one hour from Tessy’s current operations, the campus is in Webster, N.Y., just outside Rochester.
The one-time Xerox buildings will officially be subdivided by the end of 2021. Tessy says the acquisition gives it supplemental warehouse space as well as room for future growth. The company will take official ownership of all three buildings by the end of the year. Two out of the three buildings are already vacant and the third will be empty by 2022, according to the company. The largest of the buildings covers more than 750,000-ft2.
In a release, Roland Beck, Tessy’s president, said having space to grow is part of its business strategy. “We’ve had great success in the past with having additional space,” Beck said. “Having the extra square footage allows us to onboard programs quickly and continually adapt to our customers ever-changing needs.”
In 2020, it used that strategy to transform a 400,000-ft2 warehouse into a medical manufacturing facility in support of one of its largest customers during the pandemic. Founded in 1973, Tessy Plastics Corp. has facilities in New York, Pennsylvania, and China, covering more than 1.7 million-ft2, including 147,000-ft2 of ISO Class 7 and 8 clean room manufacturing. In Lynchburg, Va., Tessy Plastics LLC operates as a division of Tessy Plastics Corp.
Located in Webster, N.Y., outside Rochester, the former Xerox buildings that Tessy is adding cover nearly 1.5 million ft2.
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