EDAWN NEWS RELEASE
Randa Accessories announced Friday a $25 million investment in their logistics system, along with other enhancements and changes in infrastructure.
Randa Accessories, the world’s largest men’s accessories company, has grown from $100 million in revenue in 2000 to over $600 million in 2012, with continued growth planned. It is investing in additional personnel, training, equipment, ERP systems, sustainable resource management and physical space to support its North American Logistics network. This network includes facilities located in New Orleans, Reno, Toronto and Taunton, Mass., which was added in May 2012 through Randa’s acquisition of Swank, Inc.
In Reno, an additional logistics facility of 275,000 square feet designed to achieve LEED silver certification will supplement the current distribution center. Together, these facilities will employ 155 people, including 120 newly-hired full-time associates, and will process more than 40 million units of neckwear, belts, wallets, luggage, bags, jewelry, footwear and gifts annually.
Partners who worked on the project include Storey County, Brett Edwards at CBRE, NV Energy, Tectonics Design Group, JP Engineering, Etchemendy Engineering, Panattoni Construction and EDAWN.
“Beyond the plaque,” sustainable features will include:
- LED Lights with motion sensors and daylight harvesting
- 2 percent skylights
- Energy-efficient mechanical system
- Passive solar wall and roof units
- Energy efficient roof and walls
“We are appreciative of Marc Siegel and the team at SJS Commercial Real Estate and EDAWN who assisted in selecting the Tahoe Reno Industrial Center within McCarran, Nev., for their investment,” said Pat Whitten, Storey County manager.
“It is exciting to see that Randa Accessories has selected the Tahoe Reno Industrial Center for their expansion, triggered by the acquisition of Swank Inc.,” said Mike Kazmierski, CEO of EDAWN. “Their growth in the region will add 120 quality jobs in a state of the art logistics facility currently under construction and will provide a great boost to our local economy.”