What is the story about?
What's Happening?
HarperCollins has announced plans to build a 1.6 million sq. ft. supply chain logistics facility in Brownsburg, Indiana, set to open in 2028. This move marks a shift from outsourcing distribution and logistics services, a strategy the company adopted in 2010. The new facility is expected to create over 400 jobs and improve efficiency, fulfillment accuracy, and supply chain control. HarperCollins attributes its revenue growth over the past 15 years to organic expansion and acquisitions, including Thomas Nelson, Harlequin, and HMH Media.
Why It's Important?
The decision to establish a new logistics facility reflects HarperCollins' commitment to enhancing its operational capabilities and supporting its growth trajectory. By bringing logistics in-house, the company aims to improve service delivery and reduce costs associated with outsourcing. The facility will also bolster HarperCollins' third-party distribution business, potentially increasing its client base and revenue. This development is significant for the publishing industry, as it may influence logistics strategies among other major publishers, impacting distribution networks and market dynamics.
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