Indianapolis - Brightpoint, a provider of supply chain
solutions to the wireless industry plans to relocate its Touchstone Wireless
operations from Bristol, Tenn. and consolidate the operations into its
facilities in Fort Worth, Tex. and Plainfield, Ind.
"The actions that we are taking to relocate our Bristol
operations will accelerate our efforts to optimize operations, drive
efficiencies, lower customer repair costs and reinforce Touchstone Wireless'
position as an industry leader in reverse logistics and repair services,"
stated J. Mark Howell, President, Brightpoint Americas. "While the
relocation of the Bristol operations was a difficult decision, it is a
necessary step to position Touchstone Wireless for future growth. This
decision in no way diminishes our commitment to reverse logistics and repair
services. Rather, it solidifies our position as a preferred provider of
fully-integrated, end-to-end, supply chain solutions to the wireless industry."
The relocation of operations should be substantially
complete by July 31, with any remaining tasks and transition activities to be
completed by September 30. The Bristol facility will continue to operate
and support customers while its business is transitioned over the next four
Brightpoint has notified its employees of the relocation and
its intent is to provide job opportunities to any full-time employee who
chooses to relocate and will provide assistance to those employees who choose
not to relocate.
The relocation will substantially grow operations in Fort
Worth and Plainfield. More than 200 jobs in Fort Worth and more than 100
jobs in Plainfield are expected to be added. In addition, Brightpoint
expects to re-invest in and expand the Fort Worth facility to accommodate the
additional operations and volumes. As part of the relocation, Brightpoint
expects to record a charge of approximately $3.0 million to $3.5 million
between the second and third quarters for lease termination, employee and
relocation related expenses.