DERBY, VT (BRAIN) — The U.S. division of Canadian brand Louis Garneau is relocating and expanding with the construction of a 60,000-square-foot facility in Derby, Vermont, that will house the company’s production, distribution and marketing. Louis Garneau USA, currently located in Newport, Vermont, expects to break ground on the $8 million project within the next few weeks, the company said in a release.
“We have decided to relocate in order to support the continued growth in American business. We have been solidly established in Vermont since 1987. ... Our customer base numbers approximately 2,000 clients throughout the United States, and we have been experiencing an important increase in sales over the last five years,” said company founder Louis Garneau.
The Vermont Economic Development Authority approved $1.5 million in financing to support the expansion project, which will bring new jobs to the state. Louis Garneau USA currently has 90 employees but plans to grow to 120 workers in the next five years, according to a company spokeswoman.