Ohio food service distributor enters market
An Ohio distributor of food and supplies to more than 800 fast food and casual-dining chain restaurants has entered the market by securing a distribution building that it expects will create 100 jobs.
I Supply Company, one of the largest companies in Dayton, Ohio, has committed to an expansion into the Michigan market via a 10-year lease of a nearly 100,000-square-foot facility in Kalamazoo, at 6805 Beatrice Dr., according to Colliers International | West Michigan today.
John Kuiper, of Colliers International | West Michigan, represented the landlord in the transaction.
The opening of I Supply Co.’s facility is expected to bring the new jobs to the Kalamazoo area by 2017.
Terms of the deal were not disclosed.
The facility is an existing industrial space that will provide the square footage necessary for the company’s expansion, including 50,000 square feet of refrigerator space, 25,000 square feet of freezer space and an additional 25,000 square feet dedicated to storage for dry goods.
The facility came fully equipped with refrigerator, freezer and dry goods storage space.
“Amenities rarely found within the marketplace,” Kuiper said.
Market expansion plans
“By expanding, we hope to reach new markets and continue thriving in existing ones by providing exceptional distribution services,” said Joe Parisi, president, I Supply Co.
Parisi said “location was a key factor,” noting that the proximity of the facility to both U.S. 131 and I-94 “was appealing when considering the future prospect of further expansion and/or establishing in new markets.”
Specifically, I Supply Co. hopes its new facility will open doors into the Chicago and Indiana markets.
I Supply Co.
I Supply Co. serves multi-unit accounts in 12 states, and its major clients include Rally’s, Popeyes and Arby’s.
The company delivers paper and cleaning supplies to Dayton-area restaurants, grocery stores and office buildings, in addition to food and supplies.
The distributor provides its accounts with a full line of approved food, paper, chemicals and supplies.
I Supply Co. earned $275 million in revenue in 2014, equating to about 7.5 million cases of product.