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PeakLogix to be acquired by Michigan company
Chesterfield County-based PeakLogix, a national material handling systems integrator, has entered into a definitive agreement to be acquired by Michigan-based Alta Equipment Group Inc. Terms of the acquisition were not disclosed. Located in Midlothian, PeakLogix specializes in the design and installation of warehouse automation and storage systems. The company generated approximately $25 million i[...]
Logistics companies try to weather supply chain storm
As supply chains become disrupted and demand for essential products such as grocery items, paper goods and personal protective equipment has skyrocketed, Virginia logistics companies are still operating quasi-business-as-usual as they’re also taking on new challenges. “There’s not a general increase in employment at this point. We’re working with the teams that we have,” says[...]
Amazon to open fulfillment center in Prince George County
Seattle-based Amazon.com Inc. — which is building its $2.5 billion HQ2 East Coast headquarters in Arlington — will open a fulfillment center for its AmazonBasics line in Prince George County by the end of the year, creating 150 jobs, Gov. Ralph Northam announced Wednesday. The fulfillment center will open in the former 798,000-square-foot Ace Hardware […]
Pennsylvania warehousing company invests $12M in Pulaski County operation
Milton, Pennsylvania-based warehousing company The Patton Logistics Group will invest $12 million to establish a logistics and warehousing operation in the New River Valley Commerce Park in Pulaski County, creating 33 jobs, Gov. Ralph Northam announced Tuesday. Virginia competed with North Carolina for the project, which will create a hub for motor carrier freight services […]
