IMI stockholders OK expansion into warehouse, logistics services - BusinessWorld Online

IMI stockholders OK expansion into warehouse, logistics services - BusinessWorld Online

AYALA-LED chip manufacturer Integrated Micro-Electronics, Inc. (IMI) has secured stockholders’ approval for its planned expansion into warehouse and logistics support services. The company’s stockholders approved the amendment to the second article of its articles of incorporation during a stockholders’ meeting on April 22, IMI said in a regulatory filing on Wednesday. “This allows the company to provide additional services such as warehousing a…

Iceland Food And GXO Logistics Open New Warrington Warehouse

Iceland Foods has opened the doors to a 500,000sq ft warehouse in Warrington, which will be operated by GXO Logistics, writes Carol Millett. The £100m facility will employ more than 750 people. Located at Omega Park, the new site is Iceland’s largest warehouse to date. It will serve as a major hub for distributing products to over 350 Iceland stores nationwide, with the potential to expand its reach to 500 locations in the future. The warehouse,…