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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, and will be operational by July 1, 1999.

According to AIWA 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, 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, 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 of AIWA CO., LTD., based in Tokyo, a $3 billion manufacturer and marketer of consumer and professional audio and video, computer, data storage and communications products.
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Publication:Business Wire
Geographic Code:1U2NJ
Date:Nov 23, 1998
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