List Your Equipment  /  Dealer Login  /  Create Account

Bandit Industries Announces Major Expansion of Its Manufacturing Facilities

Thu October 28, 2021 - National Edition
Bandit Industries

Bandit’s manufacturing facilities will increase from 340,000 square feet to 560,000 square feet.
Bandit’s manufacturing facilities will increase from 340,000 square feet to 560,000 square feet.

Bandit Industries plans to build three new production facilities and expand an existing plant in 2022. That is in addition to four building expansions in 2021, one that is completed and three more that are currently under construction.

When all are completed, Bandit's manufacturing facilities will increase from 340,000 to 560,000 sq. ft.

The demand for Bandit products and the backlog has skyrocketed to where Bandit needs to double its 2020 production, a record year for Bandit. Bandit employs 600 people, up from 450 in 2020. Bandit presently has 100 positions to fill and plans to add more employees in 2022 when the new facilities are completed.

Bandit will introduce three new products in 2022 that will add to the product demand.

Bandit is an employee-owned company; thus, all the growth is good for the employees who have a financial interest in the company. The employees are gifted stock each year and because of the success of the company the employee stock accounts are growing significantly. The stock price more than doubled in 2020 and the stock price will increase significantly in 2021.

In addition to the value of the employee share accounts employees receive profit sharing bonuses which are also increasing because of the financial success of the company.

"It is exciting to watch the enthusiasm that employee ownership brings in driving the business upward," said Jerry Morey, president of Bandit. "They are all benefiting from their success."

For more information, visit

This story also appears on Aggregate Equipment Guide.

Today's top stories

No Quick-Fix for 'Fix-It-First' Policy

World of Concrete Makes Strong Vegas Showing

MDOT Begins Rehabilitation Project On 10 Baltimore County Bridges

Contractors Equipment Companies Inc. Acquires Shares of Baschmann Services Inc.

Musk, Telsa to Spend $770M to Expand Austin Factory

Komatsu Technology Featured at ConExpo-Con/AGG 2023 Designed to Help Owners Improve Efficiency, Productivity

Tidewater Contractors Makes Emergency Repairs On U.S. 101 After Landslide Drops Road 12 Ft.

John Deere Previews Largest ConExpo-Con/AGG Presence to Date


ceg-logo ceg-logo ceg-logo ceg-logo ceg-logo
39.04690 \\ -77.49030 \\ Ashburn \\ PA