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AIWA America Plans New, Larger Northeastern Distribution Center.



MAHWAH, N.J.--(BUSINESS WIRE)--Nov. 23, 1998--AIWA America, Inc. announced today that it will open a new distribution center to serve the Northeast. The new facility will be in Upper Macungie Township, Pennsylvania Upper Macungie Township is a township in Lehigh County, Pennsylvania, in the United States. It is a suburb of Allentown, Pennsylvania, in the Lehigh Valley region of the state.

The population of Upper Macungie Township was 13,895 at the 2000 census.
, and will be operational by July 1, 1999.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 AIWA AIWA Asian Immigrant Women Advocates
AIWA Armenian International Women's Association
 America President Yukio Yamamoto, the new facility will provide AIWA, a marketer of consumer electronics products, with convenient, cost-efficient access to major regional markets, including New England, New Jersey, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Ohio and Pennsylvania.

"With AIWA's U.S. sales volume expected to reach $1 billion next year, we've simply outgrown our Northeastern distribution arrangements," said Yamamoto. "In today's competitive economy it's critically important that we be able to service our customers as efficiently as possible. The only way to do that is with a single modern distribution center serving the Northeast."

The Upper Macungie facility will provide AIWA with 315,000 square feet of space, with an additional 92,000 square feet available when needed. Its opening will consolidate AIWA's northeastern distribution operations into a single, modern facility, replacing three separate New Jersey locations. These include one 42,000 square-foot AIWA-operated facility here in Mahwah, and two larger, independently owned and operated warehouses.

Other U.S. markets are serviced by a 171,000-square-foot AIWA-operated distribution center in Norcross, Georgia and a 750,000-square-foot Sanyo Logistics facility in Ontario, California, of which AIWA occupies a majority.

Headquartered in Mahwah, New Jersey Mahwah is a township in Bergen County, New Jersey, United States. As of the United States 2000 Census, the township population was 24,062. The name Mahwah is derived from the Lenni Lenape word "mawewi" which means "Meeting Place" or "Place Where Paths Meet". , AIWA America, Inc., celebrating its 20th anniversary this year, is one of the world's leading manufacturers and marketers of audio, video, car stereo and multimedia products. The company is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of AIWA CO., LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability ., based in Tokyo, a $3 billion manufacturer and marketer of consumer and professional audio and video, computer, data storage and communications products.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1U2NJ
Date:Nov 23, 1998
Words:294
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