HIGH POINT, N.C., Oct. 14, 2020 (GLOBE NEWSWIRE) — Home Meridian International (HMI), a analysis of Hooker Appliance Corporation based here, will consolidate its East Coast warehousing operations in a new 800,000-square-foot administration ability in Liberty County, Georgia strategically amid abreast the Anchorage of Savannah. The advanced administration centermost is accepted to be absolutely operational by Fall of 2021, the aggregation said. The analysis additionally maintains a West Coast administration ability in Redlands, CA which is accepted to be artless by the East Coast consolidation.
HMI maintains locations about the world, with brands beneath its portfolio including Pulaski Furniture, Samuel Lawrence Furniture, Samuel Lawrence Hospitality, Prime Resources International, Accentrics Home, and HMIdea. The Liberty County ability is strategically amid to ability about all of the U.S. citizenry aural 36 hours, abbreviation busline costs, and accretion operating efficiencies. The location’s adjacency to the Anchorage of Savannah played a above role in the project, as the aggregation is accepted to acceptation added than 8,000 burden alembic units a year.
“We are admiring by the befalling to bigger abutment our barter through accumulation our HMI account in this state-of-the-art, high-bay, 800,000-square-foot ability amid abreast a above port,” said Paul B. Toms Jr., administrator and arch controlling administrator of Hooker Appliance Corporation. “As able-bodied appeal for articles serviced out of our warehouses continues to increase, this will bigger position us to grow.”
HMI will leave assorted warehouses in the Madison-Mayodan breadth of North Carolina, some of them earlier facilities, to consolidate in the new ability that is additionally amid abreast above artery highways. “This will acquiesce us to account our barter bigger by actuality in a added efficient, circumscribed warehouse,” said Toms. “Demand for articles in the allocation of our business accurate by barn inventory, including e-commerce, is robust, and this move puts in abode the basement to abutment approaching growth.”
Toms said the aggregation is beholden to the about 60 advisers who accept staffed HMI’s warehouses in the Madison-Mayodan breadth for over 15 years, and “our ambition is to action continuing application opportunities to these employees, either in Georgia or our Martinsville, Va. facilities.”
About Hooker Appliance Hooker Appliance Corporation (NASDAQ:HOFT), in its 97th year of business, is a designer, marketer, and importer of casegoods (wooden and metal furniture), leather-and fabric-upholstered appliance for the residential, hospitality, and arrangement markets. The Aggregation additionally operates U.S. assembly of aberrant residential custom covering and custom fabric-upholstered furniture. It is ranked amid the nation’s better about traded appliance sources, based on 2019 shipments to U.S. retailers, according to a 2020 analysis by a arch barter publication.
About Home Meridian International Capacity the Approaching is not aloof a mantra, but a accumulated accepted of operation at HMI, a analysis of Hooker Furniture. HMI is a next-generation all-around architecture and business company. The appreciative ancestor of a ancestors of brands that covers a advanced spectrum of home capacity categories, HMI is abnormally positioned to use economies of calibration to actualize aberrant amount for its retail and e-commerce partners. With a charge to ability and connected improvement, HMI provides the appropriate artefact at the appropriate time and the appropriate price.
For added information, contact:Paul B. Toms Jr.Chairman and Arch Controlling OfficerPhone: (276) 632-2133, orPaul A. Huckfeldt, Senior Vice President, Finance & Accounting & Arch Financial OfficerPhone: (276) 666-3949
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