By Tom Ballard, Chief Alliance Officer, PYA
Knoxville-based Red Stag Fulfillment has announced plans to roughly double its warehouse footprint to better serve its clients, a move that will create between 150 and 200 new jobs locally on top of the existing Knoxville workforce of 120 people.
The plans, announced late last week, will add 313,000 square feet of space to the company’s existing warehouse footprint in the Forks of the River Industrial Park. Red Stag Fulfillment currently has about 200,000 square feet there and another 150,000 square feet in Utah.
“This will allow us to continue bringing on new clients,” says Jake Rheude, Vice President of Marketing for the third-part logistics company that is part of the Mollenhour Gross LLC portfolio.
Construction of phase one, which will provide 50 percent of the new square footage, is underway with completion expected next August. Phase two will begin at a later date as customer demand grows.
The significant expansion is an opportunity as well as a challenge that Eric McCollom, Red Stag Fulfillment’s President, takes very seriously.
“We want to make sure that, as we grow our workforce, we continue our culture of excellence in fulfillment,” he says. “Employees that embody our entrepreneurial spirit, attention to detail, and commitment to maintaining a positive and respectful workforce have a lot of room for advancement.”
Red Stag Fulfillment, which is the sponsor of the cash prize during the twice-a-year “Vol Court Speaker Series and Pitch Competition” at the University of Tennessee, Knoxville (UTK), was founded in 2013.
“I think we’re unique in having an executive team where everyone has at least one degree from the University of Tennessee, so it’s rewarding to be able to support the university’s initiatives that continue fostering the entrepreneurial spirit in Knoxville,” Rheude said. “Our growth has been profitable, intentional and incremental.”
Red Stag Fulfillment provides warehousing, fulfillment and shipping for its clients. The company touts the fact that all third-party logistics (3PL) providers are not the same. “We’re so dedicated to 3PL warehousing and fulfillment perfection that we pay you if we make a mistake,” the company writes.
Rheude adds that a particular sweet spot for Red Stag Fulfillment is heavier items, and he’s featured in this 80-second video that showcases the company’s technology.
“The expansion is part of Red Stag Fulfillment’s commitment to calculated, profit-driven growth,” McCollom said. “Strong companies that can weather the ups and downs of the business cycle are built brick by brick. That’s just what we’re doing.”
You can click here to read the Red Stag Fulfillment press release that also has schematics of the new facility.