STOCK TITAN

Pitney Bowes Opens First Presort Services ‘Mega Center’ in Las Vegas

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Pitney Bowes has launched a new Presort Services Mega Center in Las Vegas, Nevada, spanning 175,000 square feet, making it their largest facility to date for processing mail. This center will handle First-Class™ Letters, Marketing Mail®, and Bound Printed Matter all in one location, enhancing operational efficiencies. It aims to serve mail volumes from surrounding states, employing over 200 full-time workers. In 2021, Pitney Bowes processed more than 17 billion pieces of mail and parcels, showcasing its position as the largest workshare partner of the USPS®.

Positive
  • Opening of a 175,000 square foot Mega Center enhances processing capabilities.
  • The facility will employ over 200 full-time workers, supporting local job creation.
  • Expected operational efficiencies from the strategic location and advanced equipment.
Negative
  • None.

175,000 square foot facility to process First-Class™ Letters and Flats, Marketing Mail®, and Bound Printed Matter

STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes, a global shipping and mailing company that provides technology, logistics, and financial services, today announced the opening of a new Presort Services Mega Center in Las Vegas, Nevada. The 175,000 square foot facility is the company’s largest-ever Presort Services operating center and will be the first to process First-Class™ Letters & Flats; Marketing Mail® Letters, Flats and Parcels; and Bound Printed Matter all in a single facility.

Pitney Bowes Las Vegas Mega Center (Business Wire)

Pitney Bowes Las Vegas Mega Center (Business Wire)

“We are excited to launch Pitney Bowes first Presort Services Mega Center in the Las Vegas community,” said Debbie Pfeiffer, President, Pitney Bowes Presort Services. “This site is strategically located within our West Region Mail Exchange to create network efficiencies and transportation synergies that will help us meet the demands of mailers and shippers large and small. It will feature our fastest and most efficient conveyors and automation equipment and will create exciting opportunities for employees who want to advance their careers while learning to work across all Pitney Bowes Presort Services product offerings.”

The new Mega Center will service mail volumes from Arizona, California, Nevada, Utah and throughout the Pacific Northwest. The center is currently processing First-Class™ Letters and Marketing Mail® Letters and will add First-Class™ Flats, Marketing Mail® Flats and Bound Printed Matter by June. It will employ more than 200 full time workers.

Pitney Bowes Presort Services is the largest workshare partner of the USPS®, helping mailers of all sizes capture measurable postage savings while simplifying the complexity of sending mail and parcels. In 2021, Pitney Bowes presorted more than 17 billion pieces of mail and parcels.

About Pitney Bowes

Pitney Bowes (NYSE:PBI) is a global shipping and mailing company that provides technology, logistics, and financial services to more than 90 percent of the Fortune 500. Small business, retail, enterprise, and government clients around the world rely on Pitney Bowes to remove the complexity of sending mail and parcels. For the latest news, corporate announcements and financial results visit https://www.pitneybowes.com/us/newsroom.html. For additional information visit Pitney Bowes at www.pitneybowes.com.

Brett Cody, Pitney Bowes, (203) 218 1187, brett.cody@pb.com

 

Source: Pitney Bowes Inc.

FAQ

What is the new facility opened by Pitney Bowes in Las Vegas?

Pitney Bowes opened a 175,000 square foot Presort Services Mega Center in Las Vegas, Nevada.

What types of mail will the Mega Center process?

The Mega Center will process First-Class™ Letters, Marketing Mail®, and Bound Printed Matter.

How many jobs will the new Mega Center create?

The new Mega Center will employ over 200 full-time workers.

What states will the new Mega Center service?

It will service mail volumes from Arizona, California, Nevada, Utah, and the Pacific Northwest.

How many pieces of mail did Pitney Bowes process in 2021?

In 2021, Pitney Bowes presorted more than 17 billion pieces of mail and parcels.

Pitney Bowes Inc.

NYSE:PBI

PBI Rankings

PBI Latest News

PBI Stock Data

1.31B
178.05M
1.9%
70.45%
6.55%
Integrated Freight & Logistics
Office Machines, Nec
Link
United States of America
STAMFORD