Dear Valued Customers, Partners, and Friends,

We are thrilled to share some major news that will shape the future of Albemarle Paper Supply. After months of careful planning and anticipation, we are delighted to reveal a significant development that marks a new chapter in our business journey.

Get ready for groundbreaking changes as we unveil the next level of innovation and growth at Albemarle Paper Supply. Our commitment to excellence has driven us to make strategic decisions that will not only enhance our capabilities but will also bring added value to our valued clients and partners.

John and I have contemplated expanding our warehouse space for the past 3-4 years, and with the onset of COVID, we decided to closely observe the situation. Our initial plan was to potentially acquire an existing warehouse, but due to the intense competitiveness and lack of availability in the commercial real estate market at that time, that idea didn’t materialize.

We began about 9-10 months ago  seeking bids from contractors, consulting with architects, and discussing financing options with banks. It’s been a significant undertaking for us. We purchased our current 25,000 sq foot warehouse with 3,000 sq feet of office and showroom space back in March 2014. The new warehouse, which is currently in the permit waiting stage, will be attached and add an additional 30,000 sq feet of warehouse space, effectively more than doubling our overall warehouse/storage capacity. We are anticipating breaking ground in March, with completion expected in September.

This expansion is not just about physical space; it’s a strategic move that will bring numerous advantages.

• Empower us to make bulk purchases, enabling us to secure better deals for our clients.
• Allow us to offer more custom products for customers, benefiting our clients with better rates due to our expanded storage capabilities for these products.

The implications go beyond transactions – this expansion opens up avenues for us to make more deals, buy larger quantities, handle more custom orders, and take on additional accounts. Furthermore, this growth will lead to the hiring of more personnel, contributing to the support of the local Stanley County economy. We are excited about the positive impact this expansion will have on our ability to serve our clients and contribute to the economic growth of our community.

With gratitude, 
Nick