Newacme Establishes New Castle, Delaware, Distribution Hub
The company is investing more than $1.5 million in the site for racking, equipment, furniture and utility infrastructure. Newacme aims for its new location to be operational by mid-year.
“Newacme is excited to open our East Coast Distribution Center in New Castle, Delaware. We were attracted to Delaware because of its strategic location and business-friendly approach to helping companies like ours to grow. The opening of this new warehouse will drastically save transition time of our commodities to the customers along the eastern coast. We look forward to providing innovative products to our customers timely while providing excellent service from our new location,” said Newacme LLC Chief Executive Manager Reed Liang.
Supporting Newacme’s plans is a Performance Grant of up to $44,540 it has received from Delaware’s Council on Development Finance.
“Bringing the company to Delaware is wonderful, because we’re bringing those 34 new jobs, we’re bringing investment into the state which, of course, increases the tax base,” added Delaware Prosperity Partnership Business Development Manager Megan Kopistecki.
Newacme, a privately owned business headquartered in Lake Oswego, Oregon, was founded in 2012. Approximately 60% of the company’s customers are now located in the East Coast of the United States, and the company wanted a facility closer to their consumers along the Interstate 95 corridor. The new Delaware location joins its existing distribution centers in Los Angeles, Memphis and Dusseldorf, Germany, and will help the company provide more efficient distribution and localized customer service throughout the United States.
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
2023 Top States Workforce Development Programs
Immigration: A Potential Fix for Labor Shortages?
Workforce Q4 2023