New Breed Logistics adds 500 employees, warehouse space in push for growth - Wichita Business Journal:

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million square feet and added more than 500 employees in thelast “Memphis has always been a strategic focuas for us and having that focus has certainl y contributed to our growth,” says Joe New Breed director of corporatre development. Since 2007, the company has grown its warehouse spacwfrom 650,000 square feet to more than 2 millionm square feet in five distribution centers. Throughourt the U.S., New Breed has about 7 million squarr feet ofwarehouse space.
New Breesd has drastically increased its local employee The company had about 470 employeezslast year, but has sincw grown to about 1,000 Memphis By the end of New Breed could potentially add up to 200 more employeews to its Memphis operations, Haucko says. Nationally, the company employx about 5,500. The High N.C.-based third-party logistics firm began its operationa in Memphis in 2001 after landing electronice manufacturing firm asa customer. New Breed, which specializes in the supplh chain management of electrical and medicao equipment as well as othercommercial items, beganm to swiftly expand its footprint in Memphis in 2003 with the addition of as a customer.
“We didn’ft go in to (Memphis) to get empty Hauck says. “We went in with a purposd in mind. We have been very fortunate over the last few yeares to build a reputation across various sectors on process New Breed would not disclossrevenue figures, but Hauck says the companu has averaged 20%-30% revenue growth over the last 10 Hauck says New Breed has made an investment in Memphids because companies throughout the U.S. want to be in “Clients who have a need to get producgt out quickly and still shipnext day, Memphids is the place to he says. “In a couplee of our operations, FedEx pulls a truck from our dock at midnightr which allows our customers to have5 p.m.
order cutoffs. There is no othetr place in the countryt you can do that with large Insome instances, Hauck says client s have been leaving large distribution cities like Atlanta in favoer of New Breed’s Memphis locatio because of the benefi t provides. The recent success and growth New Bree d has had in Memphis can be traced back to the fact that more clientsz throughoutthe U.S. are turnin to companies with a footholdf in Memphis for supplychaibn management, says Paul Stewart, CEO of 4-E “Companies are deciding on a hub-and-spoke supply chain method, and Memphisa is centrally located and has excellent facilities in terms of handling freight,” Stewart says.
“That has led to a self fulfillin g cycle of warehouse spaceand third-party services.” But location has not been the only factod in the growth of logistics operations in Memphis. Hauck says the Memphis labor force has been a big part ofthe company’as recent decisions to expand locally. “Amongst the work we’ve built a good reputation out there,” Haucl says. “(In) Memphis, as large as a distributiojn area thatit is, word gets around that a certain company is in town and peoplee like working for the company, and they do good Hauck also foresees the possibility of adding the company’s aerospace division to Memphis.
New Breed is currently broken up into threwedivisions — aerospace, technology and supply chain services. Both the technologg and supply chain services divisions have operations in but Hauck sees even more growth ahead for New Bree d in theMemphis market. “Having infrastructurs in (Memphis) is a tremendous advantage for he says. “We have been fortunate to be growing at arapicd pace. We are managing that pace and are beinbg selective in the opportunities thatwe pursue.
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