Lifetime Brands, Inc. Announces New Distribution Center to Build Lifetime's Infrastructure for the Future
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Lifetime Brands, Inc. is set to enhance its infrastructure with a new 1.027 million-square-foot distribution center in Hagerstown, MD, increasing its capacity by 46%. The facility is expected to be fully operational by 2026.
January 29, 2025 | 2:15 pm
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Lifetime Brands, Inc. is expanding its infrastructure with a new distribution center in Hagerstown, MD, increasing capacity by 46%. This move is expected to support future growth and efficiency.
The announcement of a new distribution center indicates a strategic move to enhance operational capacity and efficiency, which is likely to positively impact Lifetime Brands' growth prospects. The significant increase in capacity by 46% suggests potential for increased revenue and market share, making this development important for investors.
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