We’re on the move, and it’s in large part due to the business that action sports brands and retailers are doing here in Canada.
In April, we sold our 50,000-square-foot warehouse in Brampton, Ontario to National Logistics Services, though we’ll continue to support NLS with management support for the next 30 months.
That center was responsible for about 10 percent of our total revenue, and was not focused on the Action Sports business. Selling it is a strategic move that helps us tighten our focus on our core products and clients – and on growing by adding new clients and services such as full Business to Consumer logistics.
Meanwhile, we’re gearing up to focus our resources and energy on opening our new, 130,000-square-foot facility in Kamloops, British Columbia. The new facility will double our space to 260,000 square feet in Kamloops, which is where our current warehouses and headquarters are located.
We’re making a major investment in technology and automation enhancements to our warehouse management applications and our product conveyance.
This new facility dramatically increases our ability to meet the growth plans of our current clients — and accommodate new clients. The facility contains 75,000 single SKU pick locations and 5,000 bulk storage locations. It has 4,000 feet of conveyor combined with a forward-pick module that give us the ability to process over 100,000 units inbound and 100,000 units outbound per day – doubling our current processing capability to 200,000 units in and out per day.
We’re leveraging our current technology in the new facility, which will contain both RF and voice pick applications, full WMS capabilities, and put-to-light outbound processing. The new facility will also house NRI’s reverse logistics operations.
We have the capacity to expand and increase storage capacity by another 25 percent.
