Suddath Acquisition of PenserSC Featured in Jacksonville Business Journal
JACKSONVILLE, Fla. (Jan. 01, 2013) – The Suddath Companies has been featured on the front page of the Jacksonville Business Journal for the acquisition of PenserSC, a Jacksonville-based third party logistics company. The acquisition strengthens the company’s global supply chain management and logistics portfolio.
“The acquisition of PenserSC further enhances our ability to support customers who need a full menu of logistics services for their distribution center and manufacturing activities,” said Barry S. Vaughn, chief executive officer of The Suddath Companies. “This is the second acquisition for our logistics division over the past six months, which demonstrates our commitment to strategic expansion in an effort to best serve our ever growing global customer base.”
The article highlights the service offerings of Suddath Global Logistics, LLC, a wholly owned subsidiary of The Suddath Companies, including domestic and international logistics, transportation, warehousing and distribution. The PenserSC acquisition provides a temperature-controlled LTL and truckload network, value-added manufacturing support services, food and FDA-certified facilities and operations, and advanced supply chain control systems.
“We are very proud to become part of the Suddath Global Logistics family. SGL provides a solid international network in which PenserSC will thrive by adding advanced supply chain functionality,” said Shawn Barnett, former chief executive officer and newly appointed president of PenserSC, a division of Suddath Global Logistics. “SGL and Penser share a culture of award-winning service. We are confident we will continue a 105-year legacy of quality and innovation as part of this great organization.”