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NFC grows in US
Page 12
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• The National Freight Consortium has expanded its US business activities by taking an 85% controlling interest in an American distribution company Dauphin Distribution Services of Pennsylvania for an undisclosed sum.
Dauphin employs 600 people and is one of the largest food distributors in the United States. Its Harrisburg warehousing site serves an area extending from the North Eastern states of Maine to Virginia in the South, which includes the major cities of New York and Washington and con tains a third of the US population.
The company also has an operation in Tennessee and activities in Ohio, where it owns Fostoria Distribution Services.
According to NFC International Holdings' managing director 'red Wall "Dauphin is a profitable and highly efficient operator". It will continue to be managed by its existing president and founder Jim Adams along with his fellow directors.
NFC already owns the successful and developing Merchants Home Delivery Service in the US, which has operations in over 30 states. It is planned that the Dauphin employees, at their 12 operating locations in Pennsylvania, Ohio and Tennessee, will have the chance to buy NFC shares.
The Dauphin acquisition "is a big step forward in our plans for expansion in the USA", says NFC chairman Sir Peter Thompson.