| [May 02, 2012] |
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Lenovo Completes Expansion at Whitsett Distribution Center
WHITSETT, N.C. --(Business Wire)--
Lenovo
(HKSE: 0992) (ADR: LNVGY) today marked completion of an expansion
project at its U.S. Fulfillment Center (USFC) here, which was undertaken
in response to rapid growth of the company's business in North America,
particularly in the consumer PC market. Volume handled through the
Center has more than doubled since its opening in 2008, while employment
has grown over 40 percent.
The expansion project, which began in late 2011, adds nearly 20 percent
more space - almost 40,000 sq. ft. - to the distribution center. The
facility, which employs approximately 160 full-time workers and shipped
its 10 millionth unit last year, is Lenovo's (News - Alert) primary distribution hub
serving North America. In addition to order fulfillment, It handles
critical tasks such as product configuration, bundling of PC accessories
and returns management.
"The Whitsett facility is a key component in our effort to increase
distribution efficiency and provide even better service to our
customers, particularly consumers," said David Schmoock, senior vice
president and president, Lenovo North America. "Lenovo has been the
fastest growing major PC company for nine consecutive quarters, and our
sales in North America are a big reason why."
"With the expanded product distribution and configuration capabilities
made possible through this project, we're confident that Lenovo will
continue to build on its strong momentum in North America supported by
this world-class facility," he added.
A key motivation for Lenovo's decision to expand the USFC was the
company's dramatic growth in the U.S. consumer PC market, which is
served primarily through key retail partners such as Best Buy (News - Alert) and Office
Depot, among others. Through these partner relationships, Lenovo more
than doubled its PC volume sold through U.S. retailers and topped five
percent consumer PC market share for the first time.
About Lenovo
Lenovo (HKSE: 0992) (ADR: LNVGY) is a $US21 billion personal technology
company serving customers in more than 160 countries, and the world's
second-largest PC vendor. Dedicated to building exceptionally engineered
PCs and mobile internet devices, Lenovo's business is built on product
innovation, a highly-efficient global supply chain and strong strategic
execution. Formed by Lenovo Group's acquisition of the former IBM (News - Alert)
Personal Computing Division, the company develops, manufactures and
markets reliable, high-quality, secure and easy-to-use technology
products and services. Its product lines include legendary Think-branded
commercial PCs and Idea-branded consumer PCs, as well as servers,
workstations, and a family of mobile internet devices, including tablets
and smart phones. Lenovo has major research centers in Yamato, Japan;
Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For
more information, see www.lenovo.com.

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