Phoenix Investors Acquires Former Titan Tire Plant

As reported on PR Newswire MILWAUKEE, Nov. 23, 2020 -- An affiliate of Phoenix Investors ("Phoenix"), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin, announced its acquisition from Titan International, Inc. ("Titan") of its former plant in Brownsville, Texas. The plant is located at 6700 Paredes Line Road ("Property") and totals approximately 1,040,000 square feet on 108 acres. The Property was originally built in 1997. After Titan ended production of tires in 2003, the Property was converted to multi-tenant occupancy. While under contract, Phoenix finalized leases with tenants for ... Read More

2020-11-23T23:13:46+00:00November 23rd, 2020|Articles, Frank P. Crivello, Milwaukee|

Spreading Logistics & Manufacturing Assets Across Multiple Regions

While it has been popular for American companies to manufacture goods overseas for many years, COVID-19 laid bare the flaws in this supply chain model. The savings offered by outsourcing to China and other distant countries paled in comparison to the losses incurred when a global pandemic put thousands of miles and an ocean between many U.S. businesses and their primary suppliers. A report from McKinsey showed that 73 percent of supply chain leaders faced disruption in production and distribution due to coronavirus. With this ... Read More

2020-11-16T22:32:20+00:00November 16th, 2020|Articles, Frank P. Crivello, Milwaukee|

The Warehouse of the Future Will Be Largely Automated

While distribution giants like Amazon or Walmart have been implementing automated solutions into their warehouses for decades, automation hasn’t seemed as practical for small- and medium-sized warehouse operators. Physical picking and packing has been good enough for the majority of warehouses, especially those that already supplement employee-based picking with warehouse management systems (WMS), voice-picking solutions, wearables, or other technology. When coronavirus hit the supply chain, however, the warehousing sector discovered that remaining stubbornly behind the technology curve was no longer an option. As 2020 winds ... Read More

2020-11-16T17:24:02+00:00November 16th, 2020|Articles, Frank P. Crivello, Milwaukee|
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