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Brightpoint To Consolidate Locations

5/17/2011 04:15:43 PM Eastern
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 months. 

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. 
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