Lipsey’s readies site for new, larger B.R. headquarters

Lipsey’s Inc. is preparing to break ground in early December on a new 80,000-square-foot warehouse on the corner of Reiger Road and Exchequer Boulevard that will house the offices and distribution center for the wholesale firearms distributor. Lipsey’s purchased the 5.5-acre lot—the last vacant parcel along the industrial strip—from the Casemore family in July. If all goes according to schedule, the company will move its headquarters, currently located about 200 yards away on Exchequer, to the new site in December 2013. “We have grown so extensively in the past few years, we have just run out of space,” says Lipsey’s founder and CEO Richard Lipsey. “We have no place to put our merchandise.” The expansion will give Lipsey’s more than twice as much space as it currently has; the company’s existing headquarters is located in a 30,000-square-foot warehouse. “We are just packed in here,” says Lipsey, who notes sales this year are up 30% over 2011. —Stephanie Riegel