11/15/2023 0 Comments 2013 moment skisMoment buys lumber by the semi-truck load. “When you can get materials, you kind of don’t know when you’ll get it again, so we have to buy a lot so we can keep building materials for our customer base,” Jacobson said. Moment Skis uses poplar, black ash, Southern yellow pine and European beech sourced from Minnesota, Michigan, Kentucky and Germany. Sourcing wood also has been challenging due to the extended housing boom and the odd-sized dimensions of lumber that form the core of Moment’s skis. The company still uses both its 40-foot shipping containers for materials storage because of the supply chain challenges – the ongoing shipping problems have often left Jacobson wondering when he would get additional shipments. Chris Fairchild, senior vice president of the industrial group at Colliers, represented the seller. Jacobson found the property, and industrial broker Nick Knecht of Dickson Commercial Group helped finalize the purchase transaction. Nevada State Development Corp., provided financing for the deal in conjunction with Umpqua Bank. We already have filled up the space, but there are areas to drive forklifts around and actually use the location.” Moment Skis' new headquarters building was constructed in 1978 and sold for just over $2 million. “We gutted it (the new building) and built it out exactly how we wanted. “We needed to develop that infrastructure within our (own) facility – continuing to pour money into a rental property was not ideal,” he said. The new facility also was built out to accommodate highly specialized ski production equipment that has unique power or compressed air requirements, Jacobson added.Ĭourtesy Moment Skis’ completed its acquisition of its new headquarters facility on Bible Way in Reno. “We were packing those shipping containers full of raw materials, and we had the equipment and machinery to produce more skis, but we didn’t have the space to do it,” he added. “We were really fortunate to get into our new spot when we did. “With supply chain issues and COVID, that old facility wouldn’t have allowed us to be as adaptable,” Jacobson said. The ongoing and well-documented supply chain and shipping issues hastened the need for a new facility, though, so the company could bring more raw materials onsite. That facility also included a large fenced-in yard where Moment stored raw materials in two 40-foot shipping containers. We made it work, and we had great vendors that were able to ship us materials every two weeks, so we didn’t have to keep as much (materials) on hand.” Moment Skis started out renting two 2,500-square-foot spaces on Marietta Way, but it kept adding more warehouse space as it grew over the last five or so years. “With our place on Marietta, we kept expanding and growing, and every walkway around the factory was essentially a hallway – you had to dodge skis, and things were packed to the ceiling. “I’m glad that it didn’t because what we would have moved into wouldn’t have been the same as the building we acquired. “We had been looking to purchase something for the last eight years, but nothing really worked out,” Jacobson said. Moment’s new 20,000-square-foot building, acquired near the end of last year, was gutted and retrofitted to meet the company’s manufacturing needs, Jacobson said. Moment Skis Chief Executive Officer Luke Jacobson told NNBW in an interview last week that the company was bursting at the seams in its old 7,500-square-foot location on Marietta Way in Sparks. It took years to complete, but Moment Skis’ acquisition of its new headquarters facility on Bible Way in Reno was a crucial step in the company’s ongoing expansion efforts.
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