(BRK.A), (BRK.B)
Berkshire Hathaway’s paint manufacturer Benjamin Moore has opened a new distribution center in Lewisville, Texas. The new 238,000 square foot distribution center will accommodate expansion, enhance service and welcome new job opportunities in the flourishing Dallas-Fort Worth market.
“Upgrading our distribution center will allow us to not only increase local business, but to support a thriving community through employment and business opportunities,” said Bill Johnson, Benjamin Moore Senior Vice President, Supply Chain. “We are thrilled to continue to grow our presence in the Dallas-Fort Worth market as our new Lewisville distribution center is equipped to support expanded business throughout the area.”
Benjamin Moore previously operated in a 70,000 square foot distribution center in Mesquite, Texas that will continue to serve as its manufacturing facility. By increasing its warehouse presence by more than 168,000 square feet, the new distribution center in Lewisville created 13 new jobs.
The facility is leased to Benjamin Moore by Cushman & Wakefield and is situated along East State Highway 121, in a flourishing area of Lewisville that includes a variety of distribution centers.
© 2019 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.