Growing Kenosha County business Stabio North America could create 35 jobs with a new building planned for the Salem Business Park.
Stabio North America’s future home is one of two facilities that could break ground this spring at the Salem Business Park, according to a Thursday announcement by Zilber Property Group. Advent Tool and Manufacturing Inc. of Antioch, Illinois, will fill half the space in a planned second industrial building Zilber plans to develop there.
Stabio North America will more than double its space by moving to the 110,500-square-foot new building. Stabio has outgrown its 30-year home in Bristol, and has been leasing space in the area to keep up with product demand, said president Tim Cash. It could grow from 50 to 85 employees within about three years thanks to the move, he said.
Salem Business Park is 10 minutes away, Cash said, so Stabio North America won’t risk losing employees in the move.
“We didn’t want to move too far from home,” Cash said. “We recruit people nationally, but our best people come from the Kenosha and Racine area. Truly our best people are the ones we train up and take from scratch.”
Formerly called Anderson Manufacturing, Stabio North America was purchased in 2018 by international firm Ferriere Di Stabio, based out of Switzerland. That opened up Ferriere’s customer base throughout North America, and led to the recent growth, Cash said.
Stabio North America makes metal fasteners for a variety of applications, including the latches on automobile doors. Its products are shipped across the continent, including Mexico, and sometimes to the Czech Republic and China.
Zilber plans to complete the new Salem Lakes building for Stabio North America in the fourth quarter of this year. Zilber later this year also will complete a neighboring, 50,000-square-foot multi-tenant building.
Advent Tool of Antioch will lease about half of that facility. Zilber is marketing the other half to additional tenants.
Read more in the Milwaukee Business Journal.