Carlisle Companies Incorporated has disclosed their intention to invest upwards of $45 million in the construction of the next phase of their Research & Innovation Center, located in Carlisle, Pennsylvania. The expansion of the Carlisle Research & Innovation Center will provide over 50,000 additional square feet of lab space, workspace, and equipment areas to amplify the current facility in Carlisle.
The firm stated that the planned expansion will more than double the current space allocated to research in Carlisle, Pennsylvania. This will aid in hastening the development and commercialization of new products, with the primary goal of boosting the annual revenue generated by new products, keeping in line with Carlisle's Vision 2030 objectives.
