Brightpoint, Inc. announces opening of new distribution center.INDIANAPOLIS--(BUSINESS WIRE)--Dec. 7, 1995--Brightpoint, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CELL) today announced the opening of its new Distribution Center in Indianapolis Indianapolis (ĭn'dēənă`pəlĭs), city (1990 pop. 731,327), state capital and seat of Marion co., central Ind., on the White River; selected 1820 as the site of the state capital (which was moved there in 1825), inc. 1847. . The 77,000 square foot facility now houses all of the warehousing, distribution, inventory management services and 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. functions of the Company. Work on the headquarters portion of the project will continue into early 1996, as indicated in our June 23, 1995, announcement of this expansion. "I am delighted that this first portion of our headquarters and distribution facility project has been completed ahead of schedule and within our budget expectations," stated Robert J. Laikin, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "This state of the art facility will allow us to continue to manage our growth and provide the outstanding levels of service and quality our customers deserve and the operating margins Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: and profitability our shareholders expect. The opportunity to reunite re·u·nite tr. & intr.v. re·u·nit·ed, re·u·nit·ing, re·u·nites To bring or come together again. reunite Verb [-niting, -nited the Brightpoint team under one roof, after having worked in four separate facilities, will improve our efficiency and be a positive influence on our future growth. We certainly appreciate the support we have received from the city of Indianapolis; the success of this project reinforces our continued commitment to our community." Brightpoint, Inc. distributes wireless communication equipment and related products globally and provides related services including inventory management, fulfillment, packaging and programming. The Company's primary mission is to always be the most efficient channel of distribution for vendors and the low cost/high service provider to customers, thereby striving to be the best total cost provider in terms of price, time and reliability. CONTACT; Brightpoint, Inc., Indianapolis J. Mark Howell, 317/297-6100 |
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