WESINCO INTERNATIONAL COMPLETES PURCHASE OF LAB CASEWORKS, NAMES RETIRED NAVY CAPTAIN PRESIDENT
May 10, 2021
Chicago-based Wesinco International today announced the purchase of Lab Caseworks Inc, completing a months-long negotiation that culminated in today’s closing. Lab Caseworks is a 70-year-old family company that designs, manufactures, and installs best-in-class modular casework, cleanrooms, and rarified environment spaces. While announcing the purchase, Wesinco International also named retired Navy Captain Chris Bailey as the company’s President.
“This is an exciting day for us,” said Mary Bradbury, representing the buyers. “In the last 18 months we have put together the pieces to provide our clients in the technology, bio, healthcare, and science industries a complete portfolio of services and products that are peerless in terms of quality, reputation, and precision. Adding Lab Caseworks to the Bancroft family was essential to achieving our clients’ goals. Our objective is to be the technical subject matter expert for our clients, freeing them up to do their best research and clinical care in workspaces that optimize outcomes.”
Bailey takes the helm at a critical time, given that clients have agreed to place Wesinco’s Genesis Series I casework in their rapidly growing list of projects in major science hubs nationwide. “While I am honored to be entrusted with the stewardship of a generational family company that has earned a sterling reputation, I am more focused on the challenges I have in front of me. We bring a robust team of more than 100 people to the task and it is my job to make sure we get it right the first time, every time,” said Bailey. “Our clients have come to expect excellence from Lab Caseworks and I am excited to lead this team forward to still better performance on behalf of our clients.”
Lab Caseworks built its reputation in the Southeast, where the company was founded. Doug Wessinger, a native of South Carolina, and his wife, Monica, have in recent years based the company in Southern California, supporting our client’s efforts in San Diego and the Bay area. Wesinco will retain the services of key Lab Caseworks employees, including the Wessingers and installation expert, Steve Giliam, who has been with the company for 30 years. “We are not going anywhere,” insists Wessinger. “Selling to Wesinco International is just a way for us to add strength to strength. My father was a proud military Veteran who founded the company with the soldiers with whom he served. Turning the leadership back over to a military Veteran feels right after all these years. This sale will give us the ability to keep up with our clients in their explosive growth.”
The proprietary Genesis Series I modular casework is the backbone of Wesinco International’s offerings. It has been installed in more than two million square feet of tenant improvement spaces around the world. The Genesis System lowers costs when compared with traditional fixed casework because the MEP point of use requirements come pre-installed from the factory, reducing installation time by 50% while providing for unlimited flexibility and the ability for reuse. The MEP final connections are completed at the ceiling with fewer trades involved, resulting in better efficiencies and reduced field labor cost during the installation phase.