Published on 3 Jan 2024 on FreightWaves via Yahoo Finance
Universal Logistics announces $50M truck division expansion in Virginia
Universal Logistics Holdings announced a $50 million expansion in Virginia to increase its market share in the Class 8 truck parts logistics sector. (Photo: Universal Logistics Holdings)
Universal Logistics Holdings Inc. announced a 254,000-square-foot expansion in Roanoke, Virginia, to support its Class 8 truck parts subassembly division.
The $50 million expansion to the company’s Lee Highway building will create 45 direct jobs and “will be instrumental in catering to the growing demands of the heavy truck industry,” said Universal CEO Tim Phillips.