News | September 14, 2007

Bender Group Announces Activation Of Foreign-Trade Zone: Principal Cclient Is Audiovox Electronics Corporation

Bender Group, a 62 year veteran of providing third-party logistics services in warehousing, distribution and supply-chain management, announces the activation of foreign-trade zone ("FTZ") operations at its facility located on Parr Boulevard in Reno, Nevada. The initial footprint covers 191,125 square feet, of which Audiovox Electronics Corporation is using approximately 75,000 square feet for electronics, parts and accessories. Audiovox – based in Hauppauge, NY – is a major competitor in the market for cutting-edge technology solutions including automotive sound and security, radio and navigation products as well as home electronics such as televisions, DVD players and radios.

Bender Group integrates its own proprietary Oracle-based WMS Flex system with a state-of-the-art foreign-trade zone inventory control system provided by IntegrationPoint Global Trade Software, melding cutting-edge warehouse management with FTZ operations. This allows Bender to leverage the benefits of duty deferral, import transaction cost-savings and reduced cycle times for imported containers while lowering client overhead and increasing the bottom line.

With potential to expand to 30 acres in authorized space, Bender can offer FTZ services to its existing and future clients operating in international trade while enhancing the growth of the Reno-Sparks and Lake Tahoe region, ranked in 2005 as the No. 1 place for doing business in America by Inc. magazine.

ABOUT BENDER GROUP
Bender Group is one of the most reliable and experienced third party logistics companies in North America with roots in the logistics demands of World War II. Founded in 1945 with a 60,000 square feet public warehouse in Reno, Nevada, Bender Group has responded to the evolution of the supply chain with an entrepreneurial spirit and emphasis on technology. Bender is now a full service 3PL, operating dedicated and multi-client distribution centers, a complete transportation network, and international logistics services. Bender uniquely blends its expertise and capabilities with an intelligent and focused small business approach.

SOURCE: Bender Group