Arnold Logistics Seeks Acquisition Candidates.Business Editors LEBANON, Pa.--(BUSINESS WIRE)--May 10, 2000 Arnold Logistics, an operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of Arnold Industries, Inc. (Nasdaq:AIND) is seeking to expand by acquiring a fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. company or asset-based third-party logistics A third-party logistics provider (abbreviated 3PL) is a firm that provides outsourced or "third party" logistics services to companies for part, or sometimes all of their supply chain management function. business. The preferred acquisition candidate will have annual revenues of $8 - $30 million, and have a balanced book of business in traditional fulfillment, e-commerce fulfillment, contract warehousing and contract packaging services. However, Arnold Logistics is prepared to consider a wide-range of logistics operations that may complement the existing services provided by the Arnold family of companies. Companies with facilities as far west as Illinois and Eastern Texas will be considered. The primary focus is an acquisition in the Midwestern US. If your company is interested or if you are aware of a situation that might meet our needs, please contact Doug Enck at denck@aind.com or the company's merger and acquisition advisor, Texada Capital Corporation at 610/793-4670 or www.texada.com. Arnold Logistics is a rapidly growing business unit of Arnold Industries, Inc. specializing in e-commerce order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment , call center management, distribution, returns processing and contract packaging services. Arnold Logistics has been in operation for over 24 years with a reputation for the highest quality of customer service. The customer base ranges from Fortune 500 firms to e-commerce startup operations. Arnold Logistics has over 3.4 million square feet of warehousing space located in Pennsylvania, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. and Texas. Please visit the Arnold Logistics web site at http://www.arnoldlogistics.com. Arnold Industries is a transportation and logistics holding company. Operating revenues operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. totaled $428 million in 1999. Business units include New Penn Motor Express, a Northeast regional next-day less-than-truckload motor carrier, Arnold Transportation Services, an irregular route and dedicated truckload truck·load n. The quantity that a truck can hold. truckload n → camión m lleno motor carrier and Arnold Logistics. For more information, please visit the Arnold Industries web site at http://www.aind.com. |
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