Moment Skis has completed the acquisition of its new headquarters on Bible Way in Reno.
Moment Skis chief executive Luke Jacobson told NNBW in an interview last week that the business was packed at its former 7,500 square foot location on Marietta Way in Sparks.
“We had been looking to buy something for eight years, but nothing really worked out,” Jacobson said. “I’m glad that’s not the case, because what we would have moved into would not have been the same as the building we acquired.
“With our place on Marietta, we continued to expand and grow, and every aisle around the factory was basically a hallway – you had to dodge skis, and things were packed all the way to the ceiling. We did in so it worked and we had great suppliers who could ship us materials every two weeks, so we didn’t have to keep so many (materials) on hand.
Moment Skis began by renting two 2,500 square foot spaces on Marietta Way, but has continued to add storage space as it has grown over the past five years or so. This facility also included a large fenced yard where Moment stored raw materials in two 40-foot shipping containers.
However, ongoing and well-documented supply chain and shipping issues have accelerated the need for a new facility, so the company can bring more raw materials on-site.
“With the supply chain issues and COVID, that old facility wouldn’t have allowed us to be so adaptable,” Jacobson said. “We were really lucky to get our new spot when we did.
“We were packing these shipping containers full of raw materials, and we had the equipment and the machinery to produce more skis, but we didn’t have the space to do that,” he added.
The new facility was also built to accommodate highly specialized ski production equipment that has unique power or compressed air requirements, Jacobson added.
Moment Skis’ new headquarters was built in 1978 and sold for just over $2 million. Nevada State Development Corp., financed the operation in collaboration with Umpqua Bank. Jacobson found the property, and industrial broker Nick Knecht of Dickson Commercial Group helped finalize the purchase transaction. Chris Fairchild, senior vice president of the industry group at Colliers, represented the seller.
The company is still using its two 40ft shipping containers for material storage due to supply chain challenges – ongoing shipping issues have often left Jacobson wondering when he will receive additional shipments . Wood supply has also been difficult due to the prolonged real estate boom and the odd dimensions of the wood that forms the core of Moment’s skis. Moment Skis uses Poplar, Black Ash, Southern Yellow Pine and European Beech from Minnesota, Michigan, Kentucky and Germany.
“When you can get materials, you don’t know when you’ll get them back, so we have to buy a lot of them so we can keep building materials for our clientele,” Jacobson said.
Moment buys wood by tractor-trailer. Two species of wood are combined to form the wooden core of the ski, and the rest of the ski is a proprietary blend of fiberglass and carbon fiber. Different variations and weaves of carbon fiber determine the type of ski made by the company. The base, sides and top surface of the skis, meanwhile, are made of plastic imported from Austria.
Moment Skis currently has 25 full-time employees, 22 of whom work on the manufacturing floor.
“Our goal is to bring in new people and upgrade them to do the job better and more efficiently every year,” he said. “We are on track for around 30% year-over-year growth, which is a direct result of the investment in the new plant and additional machinery.”
Moment Skis was founded almost two decades ago. Jacobson couldn’t find custom skis to suit his style, so he started making them himself. Moment Skis now bills itself as the largest US-based ski manufacturer