Sapling Co. has acquired a 65,000-square-foot Warminster
industrial building to serve as the synchronized clock producer's new
headquarters and manufacturing site, according to Bensalem-based Roddy Inc.,
which helped broker the sale.
Sapling paid $3.2 million for the building on 3.7 acres
of land, with plans to invest more than $1.2 million in improvements, Roddy
said in a release on Wednesday.
The company expects within three years to be employing 43
people at the facility at 670-682 Louis Drive in the Warminster Industrial
Park, according to the release. Sapling is currently based in Huntingdon
Valley, according to its website.
Source: Philly.com
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