The move will give the growing company space that’s roughly 37,000 square feet larger than its current home of 3,000 square feet. The company, US Specialty Formulations LLC, needs more space, said its co-founder and CEO, Kyle Flanigan.
Three years ago, we recognized we were getting a lot of requests from customers to handle projects that were larger than what we could handle at our current site,” Flanigan said. “The goal was to find a building regardless of the site. In a modern business environment, that physical location is irrelevant in our case because we had special needs for the building.
The company looked at a number of sites, including Arizona, Florida and New York before settling on Allentown. Flanigan said he wanted to find an existing site that was affordable, rather than building new. US Specialty Properties LLC recently paid $1 million for the 40,810 square-foot building, which is at 101 E. Lexington St. in Allentown, according to Lehigh County property records. The LLC is a separate company with similar principals, Flanigan said.
US Specialty Formulations has been operating since 2013 out of Ben Franklin TechVentures, a workspace for early stage companies on Lehigh University’s Mountaintop Campus in Bethlehem. The startup environment allowed the company to establish itself, but Flanigan said the new site will offer more space for manufacturing and testing products, in addition to space for employees. Right now, it has 13 workers but Flanigan said he is looking to hire more.Read More