Funko Relocates-Plans Buckeye, Arizona, Distribution Hub
The company expects the 958,000-square-foot leased facility, which will distribute the Funko portfolio of brands, to be operational in April 2022.
“We’re excited to bring Funko to Arizona with the opening this month of our nearly one million square foot facility in Buckeye,” said Andrew Perlmutter, CEO at Funko. “The demand for Funko products globally is as high as it’s ever been and the company recently surpassed a billion dollars in revenue for 2021. The consolidation of several warehouses to one single facility will better improve our customer experience and maximize growth opportunities as our business scales.”
The distribution center will include 1,500 solar panels covering over 200 parking spaces for employees, visitors and customers, generating 1.24 million kilowatt-hours of power.
“Funko’s new distribution facility in Buckeye highlights Arizona’s strategic location with access to major world markets,” said Sandra Watson, President and CEO of the Arizona Commerce Authority (ACA). “We are grateful to Funko for choosing Buckeye as the site of their main distribution facility in the U.S., creating hundreds of jobs and furthering Arizona as a logistics destination.”
Funko provides a connection to pop culture with a product line that includes vinyl figures, action toys, plush, apparel, board games, housewares, NFTs and accessories. The company also powers the Loungefly, Funko Games and Digital Pop! brands, while offering a large selection of lifestyle goods through Funko.com, Loungefly.com and FunkoEurope.com as well as at our retail locations in Everett, Washington and Hollywood, California.
2023 Top States for Doing Business Meet the Needs of Site Selectors
The Rise of Mid-Size U.S. Cities: The Industrial Development Boom
Front Line: Brownfields Offer Redevelopment Opportunities
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Immigration: A Potential Fix for Labor Shortages?
Workforce Q4 2023
2023 Top States Workforce Development Programs