GENCO Canada
PITTSBURGH, Pa. - July 14, 2005 - GENCO today announced that its subsidiary, GENCO Infrastructure Solutions (GIS), was selected by the Defense Logistics Agency (DLA) to provide material distribution service support for Defense Distribution Depot, Cherry Point, NC (DDCN). The indefinite delivery/indefinite quantity firm fixed-price contract has a base contract period of two years plus three one-year options and is valued at $23.6 million. GIS will commence work on August 1, 2005.
DDCN provides logistics support to military units at installations located in the southeastern U.S. The primary mission of DDCN is to support the 2nd Marine Air Wing, the Marine Corps Air Station (largest in the world) and the Naval Air Systems Command's Naval Aviation Depot, Cherry Point, NC.
Under the contract, GIS will perform all receipt, storage, issue and transportation services for DDCN, while its small business subcontractor, Akima Management Services, will perform packaging, packing, preservation and marking services.
Enzo Zoratto, president of GIS, said, "We look forward to assisting DLA and DDCN with the execution of their mission and the opportunity to introduce our operational knowledge and commercial best practices in support of the Marine Corps. This contract positions our business well in the robust and challenging U.S. Department of Defense logistics market."
About GENCO Supply Chain Solutions
GENCO Supply Chain Solutions is North America's largest U.S.-based and a Global Top 50 third-party logistics provider and the recognized leader in Reverse Logistics. The company manages over 130 operations and 37 million square feet of warehouse space throughout North America for a diverse range of retail, manufacturing and government customers. The company provides initial and ongoing value through a complete range of solutions, including contract logistics, transportation logistics, parcel negotiation and audits, reverse logistics, damage research, product liquidation, pharmaceutical services, government solutions and supply chain technology solutions. For more information, visit www.genco.com.
