Barrett Distribution is expanding its Memphis fulfillment center and planning to include the installation of solar panel technology.
Online PR News – 17-August-2012 – Franklin, MA – Barrett Distribution received approval for a 5-year PILOT (payment in lieu of taxes) from the Economic Development Growth Engine (EDGE) of Memphis and Shelby County to expand their Memphis fulfillment center. Barrett requested an additional two years to the PILOT in order to implement its environmental plans for the facility. These could include green initiatives such as a solar power array. The extra two years of tax abatement would allow Barrett to invest in this.
Barrett recently invested $2.5 million to install solar panels at a Frankfurt, MA location in a sustainability effort. These efforts earned recognition when GXT Green, a sustainability firm, named Barrett to its 2012 honor roll in the corporate category. The solar panel installations provide renewable energy and reduce costs of electricity, and Barrett feels they are worth the investment.
“The calculations for solar in Memphis are more favorable,” said Arthur Barrett, president of Barrett Distribution. “So we have our eye on repeating (the solar installation) in Memphis.”
EDGE expects that the expansion to the fulfillment center will generate just over $1 million in new tax revenues, making the project financially profitable for Memphis and Shelby County as well as successful in pioneering an environmentally friendly energy solution.
Barrett Distribution designs, builds, implements and executes customized supply chain solutions with a unique approach to warehousing, distribution, and transportation. Barrett Distribution improves quality, financial performance, and enhances our clients' brand loyalty with end customers, through their patented Blueprint™ process. Their supply chain solutions and warehouse services have been proven effective across multiple industries and locations. Locations the fulfillment center serves include major cities in the Northeast, East Coast, Southeast, and West Coast regions. Barrett deploys single and multi-regional solution strategies across the U.S. Barrett's core competencies include warehousing, distribution, transportation, and value-added services.