Encompass to Expand South Florida Operation to Accommodate U.S. and Latin America Business Growth

Move Follows Month of Record-Setting Revenue for the Company


LAWRENCEVILLE, Ga., July 23, 2015 (GLOBE NEWSWIRE) -- Encompass Supply Chain Solutions, Inc., a leading provider of forward and reverse logistics for a diverse range of finished goods and replacement parts, today announced it will double the size of its Ft. Lauderdale, Fla. distribution facility to support new business. 

The added square footage is needed for the company’s continued expansion in the consumer electronics and major appliance parts market, as well as its growing supply chain management offering. Encompass provides comprehensive, end-to-end parts logistics, and parts distribution services for a number of world-leading consumer brands, including Samsung, LG, Sony, Haier, Panasonic, Philips, Hewlett-Packard and several others.

The new space – contiguous to existing warehouse space – will also be used to support 3PL service for a global consumer electronics brand with which Encompass recently contracted.

The company additionally maintains a distribution and repair facility at its headquarters location in Lawrenceville, Ga., just north of Atlanta. Encompass’ current Ft. Lauderdale location comprises a distribution facility, along with purchasing, IT, customer support and other administrative functions.  With its proximity to Latin America, the South Florida locale is also the company’s main distribution point for parts supply to this region.  

Encompass President and CEO Robert Coolidge said the decision to expand follows a record-setting month of volume for the company. The extra space will be used to increase the company’s inventory position and accommodate additional operational staff. The company expects to hire five new warehouse employees.

“Increasing our footprint in the Southeast region will allow us to take advantage of numerous new business opportunities,” said Coolidge. “Additionally, the South Florida location is ideal for serving the Latin America market, while supplementing our Georgia distribution facility for domestic supply and enhancing service to our existing clients.”

Encompass Chief Financial Officer Lanier Bivings added that the company’s strategy is to provide value beyond traditional parts distribution.

“Encompass offers our customers an alternative solution that shifts their fixed costs to us, while maintaining their service levels, reducing overall service costs and improving predictability. This approach is fueling our growth and is the differentiator that’s putting us on track for another record year.”

About Encompass Supply Chain Solutions, Inc.

Encompass is a market leader in forward and reverse supply chain management and high-tech repair services for a diverse and expanding range of consumer electronics, computer, major appliance and imaging products. Encompass provides end-to-end solutions for OEMs, retailers, independent dealers and third-party administrators.

Encompass manages all stages of the product lifecycle, including finished goods and replacement parts logistics, board repair and product refurbishment services, returns management, asset value recovery and eco-friendly disposal. For more information, please visit encompass.com and encompassparts.com and follow us on Facebook and Twitter.


            

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