So this is kind of a big deal in the distribution center world..
The Kansas City area's largest industrial building ever completed on a speculative basis, meaning before tenants are signed, has a tenant.
The move is part of the company's plan to consolidate and centralize its operations from two existing distribution facilities in Charlotte, N.C., and Mira Loma, Calif.
Atlanta-based Spectrum Brands HHI, which owns a number of brands including Stanley, Kwikset and Pfister, will begin transitioning operations from California and North Carolina immediately. The company plans to start receiving inventory in Edgerton in March and will start shipping from the new LPKC distribution center in April. When complete, Spectrum Brands will have approximately 315 jobs in Kansas.
The economic impact isn't just the direct jobs, it's also improves KC's freight and logistics industries overall. The move also implies 'operations', not just warehousing.
Would have been a major get for any number of midwest cities. CVG's major excess capacity (4 runways, former Delta hub with nearly half existing gates closed) surely played a role.
Want to see MCI grow as a logistics center given its lack of traffic, acreage, proximity to freeways and adjacent industrial park. KC may be a little too "out there" (distance from population centers by truck) to be a priority location though?
The reason they are 30 hour a week (NON F/T) jobs is because of Obamacare.
It's the only way for large employers like Amazon to get out of paying for Obamacare.
So they would NOT have had Obamacare anyway.
Now with Obamacare OUT - these jobs tun into full-time 40 hours.
Win-win for Amazon and the employees who now get F/T 40 hour work weeks.
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There were many jobs before Obamacare that were not 40 hours per week. They might have been over 30 but not by much. Obamacare going away won't bring that big of a change in employment hours.
And the employer mandate is part of the law and Trump's Executive Order does not do away with the law itself. That is something left to Congress and the GOP isn't acting on it for some time. Still trying to get the bugs out of it's plan to do away with Obamacare.
With a a good amount of absorption last quarter, 7.5M sqft space across metro still actively under construction. That's quite a bit, blowing out rest of Midwest (except Chicago), good sign.
Hallmark adding more employees to distro center in Liberty (and production center in Lawrence). Nice to see a 20th century biz survive in an age of electronic communication - so far anyway.
Yeah, apparently 'sentimental expression' is still in vogue the old fashioned way and e-cards are gauche, for now.
The greeting card industry is doing a pretty good job maintaining that form of expression. They should embrace it a step further and promote wax sealed envelopes with personal stamps the old old school way...
Colliers Q4/2016 national industrial report came out...
Development growth is also spreading into emerging secondary
markets. One such emerging market is Kansas City, whose central
location allows goods to be delivered to 85% of the nation’s
population within two days. This makes Kansas City a prime target
for industrial occupiers and developers, with more than 8 million
square feet completed in 2016 — the seventh-highest level of any
U.S. market.
KC has passed STL and MSP in Midwest industrial/warehouse space and may soon pass Cincy and Milwaukee with 6.5M sqft still under construction in KC area. Page 9... http://www.colliers.com/-/media/files/m ... -final.pdf
CBRE claims KC area has even more space - both total and under construction, the graph several posts above.
Makes sense, the largest warehouse inventory metros are almost always going to places with wide open spaces and lots of cheap land that you can build on.