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Stock impact report

Supply Technologies Announces New Dayton Distribution Center to Support North American Customers

Park-Ohio Holdings Corp. (PKOH) 
Last park-ohio holdings corp. earnings: 3/11 04:27 pm Check Earnings Report
US:NASDAQ Investor Relations: pkoh.com/investor-relations
Company Research Source: Business Wire
Automation and Advanced Systems will allow Manufacturers to Build Better, Faster, and Cost Effectively CLEVELAND, OHIO--(BUSINESS WIRE)--Supply Technologies LLC, a Park-Ohio Holdings Corp. (NASDAQ: PKOH) company, today announced plans to significantly expand its North American distribution network with a new state-of-the-art facility in Union, Ohio.Supply Technologies, a leader in supply chain management of assembly components for global OEMs, is augmenting their network of over 70+ warehouses globally with a new 375,000-square-foot distribution center. The new facility will be their flagship location with advanced warehouse operations, quality and engineering lab and an innovation center. This facility will serve its customers and warehouses across the United States, Canada, and Mexico. Once operational, the site will employ over 100 employees, creating upwards of 60 new full-time jobs, and contribute approximately $3 million in incremental annual payroll to the local area. Total Show less Read more
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