News Article | April 27, 2017
— Celina has been working on expanding its market base, selling to local businesses, larger corporations, foreign governments and distant customers, for many years. Now, they’re opening a distribution center in the UK with the help of a newly awarded Ohio IMAGE (International Market Access Grant for Exporters) Grant through the State Trade Expansion Program (STEP). This grant will help by covering some costs associated with expanding distribution and marketing of Celina’s main line of products. Elevating Small Business The STEP program provides states with monetary assistance to promote the education and expansion of small business into the international market. States receive funds according to a competitive process outlined by the Trade Facilitation and Trade Enforcement Act of 2015, with the express purpose of using the funds to teach small businesses how to export, how to attract foreign buyers and enter foreign markets, and market their products internationally. Ohio uses the STEP financial support to run the IMAGE Grant program. This program assists small businesses in expanding their products and services to international markets. Through expanding their market bases and increasing sales, small businesses are able to create more jobs, hire more employees, and sustain the local workforce. The bulk of the assistance comes in the form of reimbursements for activities and expenses associated with new international marketing endeavors. Investing in Growth Moving toward international sales is the most recent in a long line of business advances, from Celina’s shift to development and production in the early 2000’s to the latest production floor expansion and work on the new 100,000 square foot Celina Distribution Center at the main Celina, Ohio plant. The plan to grow into other markets has been in the works for some time. Jill Roy, Celina’s Administration Manger, stated that “The IMAGE Grant will allow Celina Tent to open its distribution center in Leicester much sooner than anticipated. In addition to reimbursing expenses related to the UK expansion, the Ohio Department of Development has provided us with invaluable market research. This market research has helped us learn about key market segments and the intricacies of business in the UK. Because of the IMAGE Grant, we are already considering plans to expand into Germany, France and Canada within the next five years.” Celina can be found online at their e-commerce sites GetTent.com and GetTent.co.uk with more information on their various divisions at CelinaTent.com and CelinaIndustries.com respectively. For more information, please visit http://www.celinatent.com
News Article | May 6, 2017
ATLANTA, GA, May 06, 2017 /24-7PressRelease/ -- Intel piloted the Ubimax Pick-by-Vision solution xPick in its worldwide Distribution Center in Chandler, Arizona (U.S.). Order pickers were equipped with xPick running on Intel Recon Jet Pro Smart Glasses paired with wearable ring scanners. During a two month pilot, similar orders were provided to all operators - order pickers with traditional hand-held scanners and those equipped with Vision Picking Smart Glasses. Vision Picking clearly had an immediate positive impact on picking speed, error rate, employee training requirements and downtime - with minimal ramp-up time, Intel reduced its KPI "pick time per box" by 29 percent. Percy Stocker, COO, Ubimax, points out the benefits over conventional scanner solutions: "Having the relevant information always right in front of the eye combined with intuitive hands-free interaction methods leads to less stress and makes our xPick solution superior to often confusing hand-held scanners". Chelsea Graf, Enterprise Wearables Director, Intel, states: "The real benefit that we got from using Intel Recon Jet and xPick is the fact that workers can be brought in during peak periods and immediately contribute as if they had been trained for a long time". On the very first use without any training, order pickers were already 15 percent faster using Vision Picking compared to the picking process with hand-held scanners. Thanks to hands-free order picking and the intuitive graphical user interface displayed in the field of view of the workers, the picking workflow was significantly accelerated and errors were reduced. Pick confirmations via light-weight barcode ring scanners contributed to both performance increase and improved ergonomics. Workers explicitly emphasized the high wearing comfort of the Intel Recon Jet Pro Smart Glasses, the positive impact of hands-free working and the intuitive usability of xPick. The pilot shows the tremendous optimization potential which exists in today's warehouses which can be unlocked by state-of-the-art Wearable Computing technology. Based on the promising outcomes, Intel is evaluating the further expansion of the xPick solution in its warehouses around the globe. About Ubimax Inc. Ubimax is global market leader for Industrial Wearable Computing solutions, creating fully integrated solutions powered by latest Wearable Computing technologies to improve business processes. The Ubimax Enterprise Wearable Computing Suite includes "xPick" for order picking, "xMake" for manufacturing and quality assurance processes, "xInspect" to support service and maintenance technicians and "xAssist" for remote assistance functionality. With offices in Germany, the U.S. and Mexico, over 10 years of experience and an extensive track-record in the fields of Wearable Computing, Augmented Reality, Mixed Reality and Sensor Systems, Ubimax today serves more than 100 customers and is a clear forerunner in the market. http://www.ubimax.com
News Article | May 4, 2017
DENVER--(BUSINESS WIRE)--DCT Industrial Trust® (NYSE: DCT), a leading real estate company, today announced financial results for the quarter ending March 31, 2017. “DCT had an excellent start to 2017,” said Phil Hawkins, President and CEO of DCT Industrial. “Our operating results are trending ahead of expectations and we continue to have good leasing activity across our operating and development portfolios.” Net income attributable to common stockholders (“Net Earnings”) for Q1 2017 was $15.0 million, or $0.16 per diluted share, compared to $36.4 million, or $0.41 per diluted share, reported for Q1 2016, a decrease of 61.0 percent per diluted share. Funds from operations (“FFO”), as adjusted, attributable to common stockholders and unitholders for Q1 2017 totaled $58.7 million, or $0.61 per diluted share, compared with $50.5 million, or $0.54 per diluted share for Q1 2016, a 13.0 percent increase. The results exclude $1.1 million in interest expense related to hedge ineffectiveness for the quarter ending March 31, 2016. As of March 31, 2017, DCT Industrial owned 398 consolidated operating properties, totaling 64.0 million square feet, with occupancy of 97.5 percent, a decrease of 50 basis points from Q4 2016 and an increase of 170 basis points over Q1 2016. On a same-portfolio basis, occupancy decreased by 60 basis points and the impact of adding one stabilized, value-add acquisition to the operating portfolio increased occupancy by 10 basis points. Approximately 295,000 square feet, or 0.4 percent of DCT Industrial’s total consolidated portfolio, was leased but not occupied on March 31, 2017, which does not take into consideration 663,000 square feet of leased space in developments under construction or in pre-development. In Q1 2017, the Company signed leases totaling 3.3 million square feet with rental rates increasing 24.9 percent on a straight-line basis and 11.3 percent on a cash basis, compared to the corresponding expiring leases. Over the previous four quarters, rental rates on signed leases increased 19.4 percent on a straight-line basis and 7.8 percent on a cash basis. The Company’s tenant retention rate was 70.4 percent in Q1 2017. Net operating income (“NOI”) was $79.2 million in Q1 2017, compared with $69.3 million in Q1 2016. In Q1 2017, same-store NOI, excluding revenue from lease terminations, increased 5.7 percent on a straight-line basis and 10.4 percent on a cash basis, when compared to Q1 2016. Same-store occupancy averaged 97.0 percent in Q1 2017, an increase of 90 basis points from Q1 2016. Same-store occupancy as of March 31, 2017, was 97.2 percent. After a review of best practices in the industrial REIT sector, DCT Industrial has enhanced the definitions of its operating metrics. The revised definitions were implemented as of January 1, 2017, and include the following: For a complete list of operating metric definitions, please refer to pages 22-26 in the Company’s Supplemental Reporting Package. In April 2017, DCT Industrial acquired one value-add building totaling 44,000 square feet in the Northeast submarket of Denver for $5.2 million. The building, located adjacent to the DCT Summit Distribution Center development, was 100 percent occupied at closing; however, the tenant is expected to vacate upon the expiration of their lease in Q2 2018. The Company expects a stabilized cash yield of 6.5 percent upon stabilization of the building. In April 2017, DCT Industrial sold one building totaling 144,000 square feet located in the Baltimore/Washington Corridor submarket of Baltimore/Washington D.C. for $10.0 million with an expected year-one cash yield of 5.5 percent. In March 2017, DCT Industrial Operating Partnership LP priced an offering of $50.0 million aggregate principal amount of 4.50 percent senior unsecured notes due October 15, 2023 (the “Notes”), in an underwritten public offering. The Notes were priced at 103.88 percent of the principal amount resulting in a yield to maturity of 3.83 percent. The Notes are fully and unconditionally guaranteed by the Company and form a part of the same series as the Company’s previously issued and outstanding senior unsecured notes due in 2023. DCT Industrial’s Board of Directors declared a $0.31 per share quarterly cash dividend payable on July 12, 2017 to stockholders of record as of June 30, 2017. The Company raised and narrowed 2017 Net Earnings guidance to between $0.54 and $0.62 per diluted share, up from $0.46 to $0.56. Net Earnings guidance excludes any gain or loss related to potential future dispositions. The Company raised and narrowed 2017 FFO guidance, as adjusted, to between $2.36 and $2.44 per diluted share, up from $2.32 to $2.42 per diluted share. The Company’s FFO guidance excludes potential non-cash interest expense related to hedge ineffectiveness. For additional details, assumptions and definitions related to the Company’s 2017 guidance, please refer to page 10 in DCT Industrial’s First Quarter 2017 Supplemental Reporting Package. DCT Industrial will host a conference call to discuss Q1 results on Friday, May 5, 2017 at 11:00 a.m. Eastern Time. Stockholders and interested parties may listen to a live broadcast of the conference call by dialing (877) 506-6112 or (412) 902-6686. A telephone replay will be available through Friday, August 4, 2017 and can be accessed by dialing (877) 344-7529 or (412) 317-0088 and entering the passcode 10104268. A live webcast of the conference call will be available in the Investors section of the DCT Industrial website at www.dctindustrial.com. A webcast replay will also be available shortly following the call until May 5, 2018. Supplemental information is available in the Investors section of the Company’s website at www.dctindustrial.com or by e-mail request to firstname.lastname@example.org. Interested parties may also obtain additional information from the SEC’s website at www.sec.gov. DCT Industrial is a leading real estate company specializing in the ownership, development, acquisition, leasing and management of bulk-distribution and light-industrial properties in high-demand distribution markets in the U.S. DCT’s actively-managed portfolio is strategically located near population centers and well-positioned to take advantage of market dynamics. As of March 31, 2017, the Company owned interests in approximately 74.0 million square feet of properties leased to approximately 900 customers. DCT maintains a Baa2 rating from Moody’s Investors Service and a BBB from Standard & Poor’s Rating Services. Additional information is available at www.dctindustrial.com. Click here to subscribe to Mobile Alerts for DCT Industrial. For information related to our Fixed Charge Coverage Ratio please see our First Quarter 2017 Supplemental The following table is a reconciliation of our reported net income attributable to common stockholders to our net operating income for the three months ended March 31, 2017 and 2016 (unaudited, in thousands): (1) Amounts relate to our Quarterly and Annual Same-Store Portfolios. Terms not otherwise defined below are as defined in our First Quarter 2017 Supplemental Reporting Package. NOI is defined as rental revenues, which includes expense reimbursements, less rental expenses and real estate taxes, and excludes institutional capital management fees, depreciation, amortization, casualty and involuntary conversion gain (loss), impairment, general and administrative expenses, equity in earnings (loss) of unconsolidated joint ventures, interest expense, interest and other income and income tax expense and other taxes. DCT Industrial considers NOI to be an appropriate supplemental performance measure because NOI reflects the operating performance of DCT Industrial’s properties and excludes certain items that are not considered to be controllable in connection with the management of the properties such as amortization, depreciation, impairment, interest expense, interest and other income, income tax expense and other taxes and general and administrative expenses. We also present NOI excluding lease termination revenue as it is not considered to be indicative of recurring operating performance. However, NOI should not be viewed as an alternative measure of DCT Industrial’s overall financial performance since it excludes expenses which could materially impact our results of operations. Further, DCT Industrial’s NOI may not be comparable to that of other real estate companies, as they may use different methodologies for calculating NOI. Therefore, DCT Industrial believes net income, as defined by GAAP, to be the most appropriate measure to evaluate DCT Industrial’s overall financial performance. We calculate Cash NOI as NOI excluding non-cash amounts recorded for straight-line rents including related bad debt expense and the amortization of above and below market rents. DCT Industrial considers Cash NOI to be an appropriate supplemental performance measure because Cash NOI reflects the operating performance of DCT Industrial’s properties and excludes certain non-cash items that are not considered to be controllable in connection with the management of the property such as accounting adjustments for straight-line rent and the amortization of above or below market rent. Additionally, DCT Industrial presents Cash NOI, excluding revenue from lease terminations, as such revenue is not considered indicative of recurring operating performance. Quarterly and Annual Same-Store Portfolios include all consolidated stabilized acquisitions acquired before January 1, 2016 and all consolidated developments, Redevelopments and Value-Add Acquisitions stabilized prior to January 1, 2016. Once a property is included in the Quarterly or Annual Same-Store Portfolio, it remains until it is subsequently disposed or placed into redevelopment. We consider NOI and Cash NOI from Quarterly and Annual Same-Store Portfolios to be a useful measure in evaluating our financial performance and to improve comparability between periods by including only properties owned for comparable periods. DCT Industrial believes that net income (loss) attributable to common stockholders, as defined by GAAP, is the most appropriate earnings measure. However, DCT Industrial considers funds from operations (“FFO”), as defined by the National Association of Real Estate Investment Trusts (“NAREIT”), to be a useful supplemental, non-GAAP measure of DCT Industrial’s operating performance. NAREIT developed FFO as a relative measure of performance of an equity REIT in order to recognize that the value of income-producing real estate historically has not depreciated on the basis determined under GAAP. FFO is generally defined as net income attributable to common stockholders, calculated in accordance with GAAP with the following adjustments: We also present FFO, as adjusted, which excludes hedge ineffectiveness, certain severance costs, acquisition costs, debt modification costs and impairment losses on properties which are not depreciable. We believe that FFO, as adjusted, excluding hedge ineffectiveness, certain severance costs, acquisition costs, debt modification costs and impairment losses on non-depreciable real estate is useful supplemental information regarding our operating performance as it provides a more meaningful and consistent comparison of our operating performance and allows investors to more easily compare our operating results. Readers should note that FFO or FFO, as adjusted, captures neither the changes in the value of DCT Industrial’s properties that result from use or market conditions, nor the level of capital expenditures and leasing commissions necessary to maintain the operating performance of DCT Industrial’s properties, all of which have real economic effect and could materially impact DCT Industrial’s results from operations. NAREIT’s definition of FFO is subject to interpretation, and modifications to the NAREIT definition of FFO are common. Accordingly, DCT Industrial’s FFO, as adjusted, may not be comparable to other REITs’ FFO or FFO, as adjusted, should be considered only as a supplement to net income (loss) as a measure of DCT Industrial’s performance. We make statements in this report that are considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, which are usually identified by the use of words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” and variations of such words or similar expressions and includes statements regarding our anticipated yields. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and are including this statement for purposes of complying with those safe harbor provisions. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control including, without limitation: national, international, regional and local economic conditions, the general level of interest rates and the availability of capital; the competitive environment in which we operate; real estate risks, including fluctuations in real estate values and the general economic climate in local markets and competition for tenants in such markets; decreased rental rates or increasing vacancy rates; defaults on or non-renewal of leases by tenants; acquisition and development risks, including failure of such acquisitions and development projects to perform in accordance with projections; the timing of acquisitions, dispositions and development; natural disasters such as fires, floods, tornadoes, hurricanes and earthquakes; energy costs; the terms of governmental regulations that affect us and interpretations of those regulations, including the cost of compliance with those regulations, changes in real estate and zoning laws and increases in real property tax rates; financing risks, including the risk that our cash flows from operations may be insufficient to meet required payments of principal, interest and other commitments; lack of or insufficient amounts of insurance; litigation, including costs associated with prosecuting or defending claims and any adverse outcomes; the consequences of future terrorist attacks or civil unrest; environmental liabilities, including costs, fines or penalties that may be incurred due to necessary remediation of contamination of properties presently owned or previously owned by us; and other risks and uncertainties detailed in the section of our Form 10-K filed with the SEC and updated on Form 10-Q entitled “Risk Factors.” In addition, our current and continuing qualification as a real estate investment trust, or REIT, involves the application of highly technical and complex provisions of the Internal Revenue Code of 1986, or the Code, and depends on our ability to meet the various requirements imposed by the Code through actual operating results, distribution levels and diversity of stock ownership. We assume no obligation to update publicly any forward looking statements, whether as a result of new information, future events or otherwise.
News Article | April 26, 2017
Celina has been working on expanding its market base, selling to local businesses, larger corporations, foreign governments and distant customers, for many years. Now, they’re opening a distribution center in the UK with the help of a newly awarded Ohio IMAGE (International Market Access Grant for Exporters) Grant through the State Trade Expansion Program (STEP). This grant will help by covering some costs associated with expanding distribution and marketing of Celina’s main line of products. Elevating Small Business The STEP program provides states with monetary assistance to promote the education and expansion of small business into the international market. States receive funds according to a competitive process outlined by the Trade Facilitation and Trade Enforcement Act of 2015, with the express purpose of using the funds to teach small businesses how to export, how to attract foreign buyers and enter foreign markets, and market their products internationally. Ohio uses the STEP financial support to run the IMAGE Grant program. This program assists small businesses in expanding their products and services to international markets. Through expanding their market bases and increasing sales, small businesses are able to create more jobs, hire more employees, and sustain the local workforce. The bulk of the assistance comes in the form of reimbursements for activities and expenses associated with new international marketing endeavors. Investing in Growth Moving toward international sales is the most recent in a long line of business advances, from Celina’s shift to development and production in the early 2000’s to the latest production floor expansion and work on the new 100,000 square foot Celina Distribution Center at the main Celina, Ohio plant. The plan to grow into other markets has been in the works for some time. Jill Roy, Celina’s Administration Manger, stated that “The IMAGE Grant will allow Celina Tent to open its distribution center in Leicester much sooner than anticipated. In addition to reimbursing expenses related to the UK expansion, the Ohio Department of Development has provided us with invaluable market research. This market research has helped us learn about key market segments and the intricacies of business in the UK. Because of the IMAGE Grant, we are already considering plans to expand into Germany, France and Canada within the next five years.” Celina can be found online at their e-commerce sites GetTent.com and GetTent.co.uk, with more information on their various divisions at CelinaTent.com and CelinaIndustries.com respectively.
News Article | April 28, 2017
New Mopar Parts Distribution Center Embraces Fork Truck Free Initiative with Topper Industrial Carts
News Article | May 5, 2017
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. today announced a $6 million commitment to expand young people’s access to economic opportunity in the South Bronx. As growing industries in the city require a more skilled workforce, this initiative will establish an innovative system that connects career and technical education schools in the South Bronx to key employers in New York City. The investment will help drive change and is designed to increase dramatically the number of young people graduating from South Bronx high schools with opportunities to secure well-paying, high-demand jobs. While the unemployment rate in the Bronx is below six percent for the first time, more than four in 10 South Bronx residents do not have a high school diploma and 23 percent of young people are out of school and out of work. This has pushed half of employed young people into low-paying jobs that limit their financial futures. With JPMorgan Chase’s investment from its New Skills for Youth initiative, more young people in the South Bronx will be able to secure the necessary education and training to secure middle skill jobs in three growing industries: transportation, distribution and logistics; healthcare; and information technology. Middle skills jobs require more education and training than a high school diploma but less than a four-year college degree. Whether they go right into a job or onto post-secondary education or training, young people who enter these pathways will be prepared for success in today’s economy. “The lack of economic opportunity for young people in the South Bronx is a moral and economic crisis,” said Jamie Dimon, Chairman and CEO, JPMorgan Chase. “Our investment supports the missing link between a successful education and career: businesses and educators working together to help students succeed. This investment will give young people access to jobs that offer good wages and the chance to move up the economic ladder.” “We have to make sure our young people are leaving school with the skills they need to enter the workforce, so that they can get a good job that offers a solid foundation for building a career and future in The Bronx,” said Bronx Borough President Ruben Diaz Jr. “The number of skilled workers we’ll need is only going to grow, and this investment from JPMorgan Chase is going to significantly help bridge the gap between schools and the in-demand workforce.” In New York City, there are an estimated 26,000 well-paying jobs in the transportation, distribution and logistics sector that are attainable by people without a bachelor’s degree but who have received some education or training beyond a high school diploma. Jobs in this sector, such as engine repairers, sales and services positions and drivers at the Hunts Point Food Distribution Center, MTA Operations and Maintenance Facilities and private sector bus and truck depots, are projected to grow by 10 percent by 2022, including about 3,500 positions in the Bronx. Entry level workers can start at $45,000 and move up to over $100,000 after a few years of experience. To build a new system that connects employers and South Bronx career and technical education programs, JPMorgan Chase’s $6 million investment will focus on three key innovations including: These innovations will be led by several local organizations including: Through several targeted philanthropic initiatives, the firm is investing over $325 million in skills development around the world. New Skills for Youth is a $75 million, five-year effort to address the youth unemployment crisis by increasing dramatically the number of young people who complete career pathways that begin in high school and end with postsecondary degrees or credentials aligned with good-paying, high-demand jobs. New Skills at Work is a five-year, $250 million global initiative to help inform and accelerate efforts to address the mismatch between the needs of employers and the skills of job seekers. The firm also invests an additional $5.8 million effort to support summer youth employment programs around the country. “In order to successfully prepare students for 21st century jobs, public schools need to cultivate strong industry and civic partnerships. JPMorgan Chase's New Skills for Youth initiative does just that, providing skill-building opportunities for students who will most benefit from them,” said New Visions President Mark Dunetz. “At New Visions, we're committed to designing strategies and tools that strengthen schools' partnerships with industry and ensure students get the preparation they need for bright futures in the communities where they live.” “The Department of Small Business Services is thrilled to expand its partnership with JPMorgan Chase,” said Small Business Services Commissioner Gregg Bishop. “It has been a strong supporter of our work in healthcare through our New York Alliance for Careers in Healthcare. Today's students are tomorrow's workforce and the key to a strong economy in New York City. Our businesses have an important role to play in making sure our workers have the skills and practical experience they need. This pioneering initiative will create an impactful opportunity for our students, our healthcare employers, and our communities.” “Through our job training programs and apprenticeships we’re not only providing the type of in-demand job skills people need, we’re building the talent base employers need to grow and thrive,” said John K. McDermott, Director of Special Projects, The Consortium for Worker Education. “We’re proud to partner with JPMorgan Chase to boost workforce training and development in the South Bronx.” “We do this work to make sure the host of talented youth in the South Bronx aren’t overlooked as a competitive workforce resource,” said Plinio Ayala, President and CEO, Per Scholas. “With support and investment from partners like JPMorgan Chase we are working to build equitable, accessible career pathways in New York’s thriving tech scene.” The initiative is supported by funding from JPMorgan Chase and the JPMorgan Chase Fund in The New York Community Trust. As the community foundation for New York City, Westchester, and Long Island, The New York Community Trust works with individuals, families, and corporations to improve our region through strategic grant-making, civic engagement, and smart giving. JPMorgan Chase & Co. is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
News Article | May 25, 2017
BENTON HARBOR, Mich., May 25, 2017 /PRNewswire/ -- Whirlpool Corporation will today hold a ribbon cutting to celebrate the successful expansion of its Greenville, Ohio Factory Distribution Center (FDC)., nearly doubling the size of the facility which currently services KitchenAid® small...
News Article | May 24, 2017
M S International Inc. (“MSI”), North America’s Leading Supplier of Premium Surfacing Products, announces the opening of its newest showroom and distribution center located in San Diego, California. Built in response to the growing demand for MSI products, the San Diego facility features a modern 7,000 sq. ft. showroom displaying MSI’s full line of on-trend porcelain tile, natural stone, decorative mosaics and wall tile, Arterra porcelain pavers and stacked stone panels. Throughout the space are numerous displays and creative installs which allow visitors to get hands-on with these products and easily envision them in their homes. Carefully designed with the customer in mind, the showroom also boasts a spacious layout, comfortable seating and meeting areas, and a pleasing aesthetic design. Additionally, San Diego has the distinction of being one of the first branches to unveil the company’s new product feature pods, which make it exceedingly easy for shoppers to discover MSI’s latest releases and trending surfaces. Featured collections include: Bernini, Tektile, Domino, Country River, Vintage, Metallic Trends, Stacked Stone Panels, and Natural Stone Planks with Mosaics. Complementing the showroom is a 40,000 sq. ft. slab yard. Situated under four overhead cranes, the slab yard displays over 250 colors of granite, marble, and other natural stone slabs — as well as MSI’s industry-leading Q™ Premium Natural Quartz brand. In all, the San Diego facility houses one of the largest, most diverse and extensive inventories of flooring, countertops, and hardscaping in the region. Raj Shah, President of MSI, comments on the new branch, “Similar to elsewhere in California, we’ve seen a steady increase in demand for our products in the San Diego region. This facility responds to that demand, offering consumers a vast selection of traditional, modern, and trend-forward surfacing products.” He adds, “The branch also features some of our most exciting recent releases—many of which are ideal for creating contemporary outdoor living spaces—a trend that’s especially well-received in San Diego.” The San Diego Showroom and Distribution Center is located at: Founded in 1975, MSI is the leading supplier of premium surfaces in the U.S. - including flooring, countertops, decorative mosaics and wall tile, and hardscaping products. The company offers an extensive selection of granite, marble, porcelain, ceramic, quartz, glass, quartzite, among other styles. Headquartered in Orange, California, MSI has distribution centers across the United States and Canada and maintains over 125 million square feet of inventory, imported from over 36 different countries on six continents. For more information on MSI, visit http://www.msistone.com
News Article | May 14, 2017
ATLANTA, GA, May 14, 2017 /24-7PressRelease/ -- Church's Chicken, the global quick service restaurant chain of chicken passionates serving chicken passionates, announced today that it has awarded Performance Food Group (PFG Little Rock) with its prestigious Distribution Center of the Year Award for 2016. PFG, based in Richmond, VA, delivers more than 150,000 food and related products to customers across the United States and has been servicing Church's since 2015. PFG's Little Rock distribution center was selected from among 14 distribution centers supporting the Church's system based on Church's Distribution Center Performance Evaluation, which examines a number of key performance attributes related to the delivery of the Church's brand to its restaurants and guests. The evaluation produces individual distribution center scores for freshness, quality, safety, inventory management and other key performance indicators (KPIs). The distributor achieving the highest score receives the award. "We are thrilled to present this year's award to PFG Little Rock," said Barry Barnett, Senior Vice President, Global Supply Chain & Purchasing. "PFG exemplifies values that are closely aligned with Church's, helping us fulfill our purpose of making great chicken experiences that guest love." Executives from Church's were on-hand at PFG's Little Rock distribution center to present the award to PFG's management team. "We are beyond honored to receive the Distribution Center of the Year Award from Church's," said Joe Copeland, President, PFG Little Rock. "PFG has been servicing the food service industry for many years over which time we've gained a reputation for exemplary quality and service. We are happy to be recognized as a partner in Church's ongoing success." About Church's Chicken Founded in San Antonio, TX in 1952 by George W. Church, Church's Chicken is one of the largest quick service restaurant chicken chains in the world. Church's specializes in Original and Spicy Chicken freshly prepared throughout the day in small batches that are hand-battered and double-breaded, Tender Strips , sandwiches, honey-butter biscuits made from scratch and freshly baked, and classic, home-style sides all for a great value. Church's (along with its sister brand Texas Chicken outside the Americas) has more than 1,600 locations in 27 countries and international territories and system-wide sales of more than $1 billion. For more information, visit http://www.churchs.com. Follow Church's on Facebook at http://www.facebook.com/churchschicken and Twitter at http://www.twitter.com/churchschicken.
News Article | May 12, 2017
--(http://www.churchs.com/), the global quick service restaurant chain of chicken passionates serving chicken passionates, announced today that it has awarded Performance Food Group (http://www.pfgc.com/)(PFG Little Rock) with its prestigious Distribution Center of the Year Award for 2016. PFG, based in Richmond, VA, delivers more than 150,000 food and related products to customers across the United States and has been servicing® since 2015.PFG's Little Rock distribution center was selected from among 14 distribution centers supporting thesystem based onDistribution Center Performance Evaluation, which examines a number of key performance attributes related to the delivery of thebrand to its restaurants and guests. The evaluation produces individual distribution center scores for freshness, quality, safety, inventory management and other key performance indicators (KPIs). The distributor achieving the highest score receives the award."We are thrilled to present this year's award to PFG Little Rock," said Barry Barnett ( http://www.churchs.com/ about.php ), Senior Vice President, Global Supply Chain & Purchasing. "PFG exemplifies values that are closely aligned with, helping us fulfill our purpose of making great chicken experiences that guest love."Executives fromwere on-hand at PFG's Little Rock distribution center to present the award to PFG's management team."We are beyond honored to receive the Distribution Center of the Year Award from," said Joe Copeland, President, PFG Little Rock. "PFG has been servicing the food service industry for many years over which time we've gained a reputation for exemplary quality and service. We are happy to be recognized as a partner inongoing success."Founded in San Antonio, TX in 1952 by George W. Church,is one of the largest quick service restaurant chicken chains in the world.specializes in Original and Spicy Chicken freshly prepared throughout the day in small batches that are hand-battered and double-breaded,, sandwiches, honey-butter biscuits made from scratch and freshly baked, and classic, home-style sides all for a great value.(along with its sister brandoutside the Americas) has more than 1,600 locations in 27 countries and international territories and system-wide sales of more than $1 billion. For more information, visit www.churchs.com . Followon Facebook at www.facebook.com/churchschicken and Twitter at www.twitter.com/churchschicken.