PetSmart acquired Pet360 for $130 million in cash and up to $30 million more in future performance-based payments.
The shipping company needs the space to support domestic and international growth.
NASHVILLE, Tenn. – Tennessee Governor Phil Bredesen and ECD Commissioner Matt Kisber announced today that global supply chain management company OHL recently signed a new, multi-year lease and will expand its existing Brentwood, Tenn. headquarters. The company’s expansion plan will add approximately 200 jobs over the next two to three years and will occupy nearly 100,000 square feet of office space at its Synergy Business Park headquarters. The Tennessee-based company has experienced significant growth leading up to this expansion, starting as a local service provider and now offering logistics solutions throughout the world.
“OHL has been a valuable corporate citizen since 1951, and its decision to remain in Brentwood and expand current operations is a testament to the strong business climate we’ve worked hard to create,” said Governor Bredesen. “I appreciate OHL's confidence in Tennessee workers and I congratulate them on the expansion of their operation in Tennessee.”
“OHL’s expansion in Brentwood is a testament to what can be accomplished when there is cooperation and collaboration among state and local officials and the business community,” said Commissioner Kisber. “I am grateful to OHL for their continued confidence and investment in Tennessee and for the new jobs they will be creating.”
OHL’s expansion of its headquarters supports the company’s continued growth both domestically and internationally. The company currently operates in twenty-four US states and 17 countries worldwide. OHL will expand its corporate U.S. operations in Brentwood while continuing to operate regional headquarters in London and Singapore.
“We are proud of our Middle Tennessee heritage and are committed to making all the communities in which we operate better places to live and work,” said Scott McWilliams, Executive Chairman of OHL. “That includes corporate philanthropy, encouraging our employees to volunteer and support local charities in all the communities in which we operate throughout the world.”
OHL offers comprehensive logistics solutions to support customers throughout the world, including transportation, warehousing and distribution, customs brokerage, freight forwarding and trade consulting services. The company serves a wide range of industries including apparel, electronics, printing, food and beverage, and consumer packaged goods.
To view this release online, please visit http://www.media.ohl.com/news/2010/10/ohl-expanding-brentwood-headquarters.
Based in Tennessee, OHL is one of the largest 3PLs in the world, providing integrated global supply chain management solutions including transportation, warehousing, customs brokerage, freight forwarding, and import and export consulting services. With three business units — Global Freight Management and Logistics, Contract Logistics, and North America Transportation — OHL operates more than 130 value-added distribution centers, offers comprehensive transportation management services, employs nearly 6,000, and has offices worldwide. OHL has expertise in direct to consumer fulfillment, serves a wide range of business sectors from specialty retail to manufacturing, and specializes in the apparel, electronics, printing, food and beverage, and consumer packaged goods industries.