Lucas Oil Opens Advanced Grease Manufacturing Facility in Indiana [Yahoo! Finance]
Advance Auto Parts Inc. (AAP)
Last advance auto parts inc. earnings: 2/18 06:30 am
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Source: Yahoo! Finance
The grand opening and ribbon cutting on June 18 was attended by county and local leaders Production from the Lucas Oil Grease Plant is set to begin late Summer of 2024 INDIANAPOLIS June 19, 2024 /PRNewswire/ -- Lucas Oil, the world leader and distributor of high-performance automotive additives and lubricants, today announced the opening of its expanded grease manufacturing capabilities within its 400,000 square foot production facility in Indiana . The significant enhancement incorporates a new production area dedicated to developing and manufacturing industrial and commercial greases, addressing a national grease shortage that has impacted multiple industries since supply chain disruptions caused by the pandemic. "Bringing a dedicated grease plant online was a strategic decision to increase our production capabilities and have a specialized space that can help increase our output, efficiency and ability to develop more advanced formulations," said Lucas Oil CEO Morgan Lucas .
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