New Breed Logistics plans to shut down its distribution center in Clayton in early May, a move that will put 86 people out of work, according to documents filed with the state Department of Commerce.
New Breed, which is based in High Point, opened its Clayton facility in 2007 after winning a contract to provide warehousing and distribution services for Kansas City-based Hallmark Cards.
Hallmark also has distribution centers that it operates itself and has developed excess capacity in those centers due to a decline in its business, said Joe Hauck, vice president of sales, marketing and communications at New Breed.
Hallmark's decision to pull in-house the work previously done by New Breed also has forced New Breed to close a facility in St. Joseph, Mo., that also served Hallmark, said Hauck.
Hallmark initiated a restructuring last year and recently reported that its revenue declined 8 percent to $4 billion in 2009.
New Breed plans to close the plant on May 4. The privately held company has more than 50 distribution centers and employs more than 7,000 workers, according to its Web site. Its clients include Sony Electronics, Verizon Wireless, Procter & Gamble and Boeing.
David Ranii has been a business reporter at The News & Observer since 1993. Over the years he has covered information technology, banking, insurance, the pharmaceutical and biotechnology industries, media businesses and real estate. Contact him at 919-829-4877 or 
Comments
Republicans are whiners
Fri, 03/12/2010 - 15:11 — hoosierhysteriaPhil Graham, as advisor to John McCain's presidential campaign, said in August 2008 - a full 9 months after the recession started - that nothing was wrong with the economy and that when it came to the economy, Americans were a bunch of whiners. Look who's whining the loudest now - Republicans!!! Whaaaaaaaa, waaaa (: Would ya'll like a tissue?
Hows that Hope & Change and
Fri, 03/12/2010 - 13:52 — PhantomLordHows that Hope & Change and "Jobs" Governor working out for ya?