NFI and Rent-A-Center Open Distribution Center in Texas

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NFI, a leading supply chain solutions provider, headquartered in Cherry Hill,N.J., is pleased to announce the grand opening of its first distribution center in partnership with Rent-A-Center.

NFI, a leading supply chain solutions provider, headquartered in Cherry Hill,N.J., is pleased to announce the grand opening of its first distribution center in partnership with Rent-A-Center. The facility in Lancaster, Texas is the first of several distribution centers that will support Rent-A-Center operations across North America.

Rent-A-Center offers name-brand furniture, electronics, appliances and computers through rental- purchase agreements at over 3,000 retail locations in the United States, Canada, Mexico and Puerto Rico. NFI partnered with Rent-A-Center to launch a supply chain solution that leverages strategically located facilities and integrated transportation, consisting of transportation management and dedicated fleets. The Lancaster, Texas warehouse is the first to begin operations as part of this supply chain transformation, which will continue throughout the year.

“We are very excited and ready to begin operating at this facility,” said Rent-A-Center Vice President of Global Logistics and Distribution Jonathan Parks. “This marks the start of a new era for RAC. The distribution centers that we’re opening with NFI play a key role in how we serve our customers. Through this network, we will be able to react to customer needs much quicker.”     

NFI and Rent-A-Center will celebrate the grand opening with a ceremonial ribbon cutting at the distribution center. Members of each organization will address the hard work and dedication that has gone into making this new operation a success.

“NFI is excited to be celebrating the grand opening of a facility that is part of a truly unique supply chain solution,” said Sid Brown, NFI’s CEO. “Our partnership will work to support Rent-A-Center’s sustained growth and increase its operational efficiencies.”

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About NFI -- NFI is a fully integrated supply chain solutions provider headquartered in Cherry Hill, N.J. Privately held by the Brown family since its inception in 1932, NFI generates more than $1.1 billion in annual revenue and employs more than 8,000 associates. NFI owns facilities globally and operates 25 million square feet of warehouse and distribution space. Its company-owned fleet consists of over 2,000 tractors and 8,200 trailers, operated by more than 2,600 company drivers and 250 owner operators. Its business lines include dedicated transportation, warehousing, intermodal, brokerage, transportation management, global, real estate, trailer storage, and solar services. For more information about NFI, visit http://www.nfiindustries.com or call 1-877-NFI-3777.

About Rent-A-Center -- Rent-A-Center, Inc., headquartered in Plano, Texas, is the largest rent-to-own operator in North America, focused on improving the quality of life for its customers by providing them the opportunity to obtain ownership of high-quality, durable goods such as consumer electronics, appliances, computers, furniture and accessories, under flexible rental-purchase agreements with no long-term obligation. The Company owns and operates approximately 3,000 stores in the United States, Mexico, Canada and Puerto Rico, and approximately 1,430 Acceptance Now kiosk locations in the United States and Puerto Rico. Rent-A-Center Franchising International, Inc., a wholly owned subsidiary of the Company, is a national franchiser of approximately 180 rent-to-own stores operating under the trade names of "Rent-A-Center", "ColorTyme", and "RimTyme". For additional information about the Company, please visit our website at http://www.rentacenter.com.

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JeanMarie Decker
NFI Industries
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