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Stock impact report

Cintas to Close Centralized Stockroom Facility in Des Moines, IA

Cintas Corporation (CTAS) 
Last cintas corporation earnings: 3/19 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: cintas.com/investors
Company Research Source: Business Wire
DES MOINES, Iowa--(BUSINESS WIRE)-- Cintas Corporation (NASDAQ: CTAS) announced today plans to gradually close its centralized stockroom in Des Moines, IA over the next four months. Cintas acquired this facility as part of its merger with G&K Services earlier this year. “Our strategy is to focus on the optimal distribution structure to facilitate excellent customer service and future growth across our entire organization,” said Terri Cain, Vice President of Distribution for Cintas. “As part of our integration of the distribution network we acquired from G&K, the company has made the decision to shut down this facility and integrate the products into other stockrooms across our company.” The facilities closure will impact about 35 employee-partners. Cintas has other facilities in the Des Moines market and affected employee-partners are encouraged to apply for open positions at those faci Show less Read more
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