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At max capacity
Shipping, logistics industries regroup amid high inventory
Supply chain and logistics executives used to joke that no one knew or understood what their jobs were — that is, until the COVID-19 pandemic upended how goods were transported
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Four Richmond-area distribution centers sell for $105.6M
Three Chesterfield, one Hanover facility are 100% leased
Published
A joint venture between Glen Allen-based Lingerfelt and Swiss private investment firm Partners Group bought three Chesterfield County distribution centers and one Hanover County facility for $105.6 million, Lingerfelt announced
Apparel wholesaler plans $50M Hanover facility, 1K jobs
SanMar Inc. to locate distribution flagship in Va.
Published
SanMar Corp., the United States’ largest supplier of wholesale printable accessories and apparel, will invest at least $50 million to establish distribution operations in Hanover County and create an expected
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Suffolk logistics center moves ahead
Published
Despite lingering community opposition, Suffolk officials remain committed to the Port 460 Logistics Center, a warehouse complex on Pruden Boulevard at the U.S. Route 58 interchange, a major freight corridor
NY publishing company to expand in Orange County
Macmillan Publishers division will invest $26M, add 10 jobs
Published
MPS, a division of New York-based Macmillan Publishers, will invest more than $26 million to expand its distribution operation in Orange County, creating an estimated 10 jobs, the county announced
Chesapeake warehouse sells for $13.59M
Property is 100% leased to the U.S. Postal Service
Published
A 70,000-square-foot warehouse and distribution building in Chesapeake sold for $13.59 million in late July, Colliers announced Wednesday. Located at 3512 Business Center Drive in the Cavalier Industrial Park, the
Ferguson parent company moves primary listing to NYSE
U.K.-based Ferguson PLC still has standard shares on LSE
Published
The U.K.-based parent company of Newport News plumbing, HVAC and industrial product distributor Ferguson Enterprises LLC has transferred its primary stock listing from the London Stock Exchange to the New
Penn. logistics firm building cross-dock centers in Va.
A. Duie Pyle Inc. will invest $20M, create 75 jobs
Published
Pennsylvania-based warehousing and logistics company A. Duie Pyle Inc. will invest about $20 million to establish three cross-dock service centers in Manassas, Richmond and Roanoke, an expansion expected to create
Mich. company acquires Roanoke steel distributor
Alro Steel Corp. acquired Ace Steel
Published
Jackson, Michigan-based Alro Steel Corp. announced Monday it had acquired Roanoke-based Ace Steel Inc. Financial terms of the transaction were not disclosed. Founded in 1992, Ace Steel is a steel
Going cold turkey
Supply chain issues threaten Thanksgiving main course
Published
To get a turkey on your Thanksgiving table this year, you may have to plan ahead. And even so, ham, pork tenderloin, chicken or even tofurkey might have to fill