FinishMaster opens new distribution center in Grand Prairie, TX
Boucherville (Québec), December 28, 2017 – FinishMaster, Inc., (“FinishMaster”) a wholly-owned subsidiary of Uni-Select Inc. (“Uni-Select”, TSX: UNS), announced today it has opened its fifth distribution center in Grand Prairie, TX, in the Dallas-Fort Worth Metroplex. The addition of this new distribution center supports FinishMaster’s fulfillment strategy to its branch and customer network.
The brand new 60,000 sq. ft. state-of-the-art facility utilizes wire guidance to maximize square footage and efficiency in stocking and shipping products. The addition of this distribution center in the Dallas-Fort Worth market is important to continued growth, as the facility provides additional capacity as FinishMaster continues to expand its footprint and remain focused on providing customers with exceptional service.
This is the second distribution center FinishMaster has opened within the past year. In March 2017, a similar facility was opened in Moorestown, New Jersey, to support growth along the east coast.
"Looking back over our nearly 50 years in business it is hard to believe we have grown from one branch to over 200 branches supported by a distribution center network with 5 locations. We are excited to open this facility and continue to fulfill our commitment to growth with our customers, vendors, and team members,” said Steve Arndt, President and Chief Operating Officer of FinishMaster.
Uni-Select is a leader in the distribution of automotive refinish and industrial paint and related products in North America, as well as a leader in the automotive aftermarket parts business in Canada and in the UK. Uni Select is headquartered in Boucherville, Québec, Canada, and its shares are traded on the Toronto Stock Exchange (TSX) under the symbol UNS.
In Canada, Uni-Select supports over 16,000 automotive repair and collision repair shops through a growing national network of more than 1,100 independent customers and over 60 corporate stores, many of which operate under the Uni-Select BUMPER TO BUMPER®, AUTO PARTS PLUS® AND FINISHMASTER® store banner programs. It also supports over 3,900 shops and stores through its automotive repair/installer shop banners, as well as through its automotive refinish banners.
In the United States, Uni-Select, through its wholly-owned subsidiary FinishMaster, Inc., operates a national network of over 210 automotive refinish corporate stores under the FINISHMASTER banner which services a network of over 30,000 customers annually, of which it is the primary supplier to over 6,000 collision repair centre customers.
In the UK and Ireland, Uni-Select, through its Parts Alliance group of subsidiaries, is a leading distributor of automotive parts supporting over 23,000 customer accounts with a network of close to 200 locations including over 170 corporate stores.
The information provided in this press release may include some forward-looking information, which could include certain risks and uncertainties, which may cause the final results to be significantly different from those listed or implied within this news release. For additional information with respect to risks and uncertainties, refer to the Annual Report filed by Uni-Select with the Canadian securities commissions. The forward-looking information contained herein is made as of the date of this press release, and Uniâ€‘Select does not undertake to publicly update such forward-looking information to reflect new information, subsequent or otherwise, unless required by applicable securities laws.