October 2007

Standard Process dedicates new Addition

Standard Process dedicated its new 100,000-square-foot addition, which will house new production suites and additional warehouse, shipping, and office space, Oct. 4.

The building expansion was dedicated to the late Frank DuBois Sr., former president of Standard Process. DuBois was the nephew of the company’s founder, Dr. Royal Lee, and the father of current president, Charles C. DuBois.

“We dedicated the new addition to my father because of his passion for engineering and the well-being of the company’s employees,” said Charles C. DuBois.

The addition was built to accommodate robust sales growth. The company has more than 240 employees and plans to add 30 more over the next five years.

Among the numerous improvements in the expanded facility are a robotic palletizer that streamlines the packaging process; a fluid bed granulator that improves product consistency and quality; 24 new offices, including conference rooms; and the addition of health and wellness center, where employees can receive complimentary chiropractic care and nutritional consultations.

The trend in healthier lifestyles is a contributing factor in Standard Process’ robust growth. While U.S. nutritional supplement sales grew 5.4 percent between 2005 and 2006, Standard Process’ sales increased more than 20 percent. Recently, [ITAL]Inc. Magazine[/ITAL] named Standard Process one of the fastest growing privately held companies in America and reported 2006 company revenues of $77 million.

The magazine also ranked Standard Process fifth in percentage of revenue growth among companies identified as manufacturers of supplements, topping this segment in revenues and number of employees.

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