ScanSource, Inc. (Greenville, S.C.), a distributor of specialty technology products, has entered into a 10-year lease agreement with Industrial Developments International, Inc. (Atlanta) to relocate its North American distribution center. The new distribution center, located in Southaven, Miss., will accommodate close to 600,000 sq. ft., replacing 366,000 sq. ft. in Memphis, Tennessee. The new location will be closer to the Memphis airport and major freight carrier hubs and will reportedly have no effect on the exceptional Fed-Ex and UPS delivery times.
"As our business continues to grow, the need for additional warehouse space has become essential to our distribution and logistics operations," said Mike Baur, president and CEO of ScanSource. ScanSource plans to have its new distribution center in full operation by the first calendar quarter of 2008.
ScanSource markets specialty technologies through five sales units: ScanSource (automatic identification and data capture and point-of-sale products); Catalyst Telecom (Avaya communications products); Paracon (communications products); T2 Supply (video conferencing and telephony products); and ScanSource Security Distribution (electronic security products). Founded in 1992, the company ranks #982 on the Fortune 1000.
