American Outdoor Brands (AOB) acquired grill company Grilla Grills early last year. They made the decision to move the brand from Holland, MI, where they were founded down to AOB’s headquarters in Columbia, MO. To accommodate the recent move, they’ve signed a new lease to increase their footprint.
Our ability to expand the existing lease and gain access to the entire Columbia facility provides us with a potential opportunity to enhance our operational efficiencies in the near-term by fine-tuning our floorplan and work processes to optimize the consolidations of acquisitions from Oregon, Texas, and Michigan that we have completed over the past six months. At the same time, it should position us well for the future by providing us with capacity to grow, a benefit that aligns well with our long-term plans, which include organic growth and strategic acquisitions.