DrinkTanks is moving its facility at the Century Center near SW Century Drive to a new home in northeast Bend.
The company, which makes vacuum-insulated, stainless-steel growlers, purchased a 17,250-square-foot industrial building on Peerless Court, off NE Brinson Boulevard. The property is the former home of Muzzy’s Inc., which produced performance parts for motorcycles before going out of business last year.
DrinkTanks, with co-founder and CEO Nicholas Hill at the helm, paid $1.64 million for the property, according to Tom Tapia, a broker with Fratzke Commercial Real Estate who represented the seller, Robert Muzzy. Fratzke Commercial also represented DrinkTanks in the purchase.
For DrinkTanks, which was founded in Bend in 2013, the purchase represents an opportunity to consolidate its activities in Bend under one roof. Hill said the company currently leases four buildings in Bend, including a 7,000-square-foot DrinkTanks fabrication facility at 1375 SW Commerce Ave. Company employees assemble the steel growlers there and customize them with corporate logos or other designs for clients. The larger space will give the company the opportunity to store its components onsite.
“It’s a big change for us,” Hill said Friday.
Hill said the old Muzzy’s facility is a good fit for DrinkTanks because it features the right mix of office and manufacturing space, and it can be expanded if necessary.
“And it’s still in Bend,” Hill said.
The company began looking for a larger facility back in September to accommodate its growth, he added. It will move into the new facility in June, following some small modifications to the building.
Hill said the additional space will allow the company to add employees in each of its departments. The company, which currently employs 22 people, could add seven more employees by the end of 2016.
“We physically can’t add any more employees now,” Hill said.
He anticipates that production will grow as well in the new building. The company manufactures about 3,500 products per month, which range from growler accessories to the Juggernaut, a gallon-sized vacuum-insulated container that is twice the size of a more typical 64-ounce growler.
Additionally, the company will be introducing a new product known as the Kegulator — a system that attaches to DrinkTanks’ lids to keep the beverage inside carbonated without requiring the user to manually recharge the carbon dioxide — by the beginning of summer, Hill said.
All told, he said the new facility could allow DrinkTanks to quadruple its current output.
“We’ve grown tremendously in the past few months, and we plan to keep growing,” Hill said.
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