Fisher Auto Parts, founding member of Federated Auto Parts Distributors, has acquired a 259,000 square foot warehouse facility, plus an 80,000 square foot mezzanine, in Staunton, Va. Once redeveloped, the site will serve as the new warehouse complex for Fisher Auto Parts while the company’s corporate office will expand at its current location.
“Fisher Auto Parts has seen substantial growth in the past several years in excess of 20% annually and we continue to explore additional options to expand,” says Bo Fisher, CEO of Fisher Auto Parts. “This new warehouse complex gives us the ability to better serve our existing store locations as well as new store openings planned and any acquisitions that may arise.”
The new Fisher Auto Parts warehouse complex will be modernized with environmentally friendly improvements such as energy-efficient lighting and material handling equipment. Operational in late 2011, the new warehouse complex will bring many employment opportunities to the local area.
As part of its plans for growth, Fisher has also received approval for expansion of its Statler Crossing facility, the current site of the Fisher Auto Parts store and the Federated Auto Parts National Distribution Warehouse, to support further Federated and Fisher growth. Fisher’s move to the new warehouse complex will provide Federated with an additional 90,000 square feet of warehouse space.
Fisher Auto Parts has approximately 370 locations with 2,500 employees in 15 states.