Lippert Celebrates Missouri Expansion
(Editor’s note: The following announcement was put out by the Springfield, Missouri, Chamber of Commerce, located in the southeast part of the Show-Me State.)
The Springfield Business Development Corporation is pleased to announce the expansion of Lippert Industries in Springfield. This expansion includes the lease of a 100,000-square-foot building at 4140 W. Webster St., an investment of $1.5 million in equipment and FFE, and the addition of 90 new employees. This new Lippert operation will expand their footprint in Springfield and lift the workforce from 110 to 200 full-time equivalents.
Lippert is an international company with over 140 locations in 22 states in the U.S. and twelve countries. They produce products that serve the RV, marine, towing, truck accessories, utility trailer, commercial vehicle, hospitality, building products, rail, fitness and insurance industries. The company has a strong culture that lives by the “Everyone Matters” motto and gives back to every community they are in.
Lippert has experienced considerable growth over the past 10 years; from revenues of $705 million in 2011, to $4.5 billion in 2021. Numerous acquisitions and organic growth are fueling these increases. The Springfield location is focused on marine furniture manufacturing.
Click here to see the announcement from the Springfield Chamber.