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Northeast HVAC
News
Ferguson Creates 95 New Jobs and Adds
One Million Square Feet of Warehouse Space.
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Ferguson, the largest wholesale
plumbing distributor in the U.S., announces the construction of
a new distribution center in Coxsackie, New York. The company
has also leased property for a regional distribution hub in
Secaucus, New Jersey. The two facilities will house almost one
million square feet of warehouse space. The locations will
support Ferguson's metro New York and Northeast branches,
ensuring that customers receive product quickly.
Coxsackie, New York Distribution Center
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Ferguson will
construct a 460,000-square-foot-distribution center in the
Fountain Flats Business Park in Coxsackie, New York, about 100
miles north of New York City.
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The facility will
create 95 new jobs.
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Groundbreaking is
scheduled for mid-August with a proposed completion date of late
summer 2015.
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"Ferguson Enterprises'
decision to invest in Greene County is another win in our efforts to
grow the Upstate economy by creating jobs and new economic
opportunities for New Yorkers," Governor Cuomo said in a press
release announcing the new project. "By establishing this new
distribution center, Ferguson Enterprises is bringing nearly 100
jobs to the Capital Region and spurring continued growth in the
community of Coxsackie. This was a collaborative effort -- with
support from both the state and local governments -- and I am
pleased to welcome this company to New York State."
In recent months, Ferguson has increased its investment in the
Northeast. The company made several acquisitions in New York and New
Jersey including The Davidson Group, Davis & Warshow and Karl's
Appliance, complementing its more than 100 already existing Ferguson
locations in the region.
"Our acquisitions and the addition of these two facilities secure
Ferguson's presence in the Northeast," said Ferguson CEO Frank
Roach. "Our investment in the region is based on our philosophy to
always strive to better serve our customers."
Ferguson (www.ferguson.com)
is the largest wholesale distributor of residential and commercial
plumbing supplies and pipe, valves and fittings in the U.S. The
company is also a major distributor of HVAC/R equipment, waterworks
and industrial products and services. Founded in 1953 and
headquartered in Newport News, Va., Ferguson has sales of $10.6
billion and approximately 19,000 associates in almost 1,350
locations. Ferguson and its subsidiaries serve customers in all 50
states, Puerto Rico, Mexico and the Caribbean. Ferguson is part of
Wolseley plc (www.wolseley.com),
which is listed on the London Stock Exchange (LSE: WOS) and on the
FTSE 100 index of listed companies.
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