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CAH Cardinal Health Inc

118.28
1.28 (1.09%)
21 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cardinal Health Inc NYSE:CAH NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.28 1.09% 118.28 118.86 116.03 117.01 9,313,091 01:00:00

Cardinal Health expands medical product distribution footprint in Northeast Ohio

21/08/2024 12:30pm

PR Newswire (US)


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New facility opening in Walton Hills demonstrates ongoing commitment to increase U.S. warehouse capacity and modernize operations  

DUBLIN, Ohio, Aug. 21, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today its plans to open a new distribution center in Walton Hills, Ohio, supporting its U.S. Medical Products and Distribution business. The facility will integrate new technology solutions, deliver operational efficiencies, and provide expanded capacity in the Cleveland, Ohio area. With construction underway, the distribution center is anticipated to be fully operational in the spring of 2025 and, at nearly 249,000 square feet, is more than 30% larger than the Cardinal Health location in nearby Solon, Ohio, it will replace. The larger building and its operations will accommodate a full transition of employees.

Cardinal Health Logo (PRNewsfoto/Cardinal Health)

"We're proud to expand our capabilities in Northeast Ohio, which is a major healthcare hub and a critical market that our medical products and distribution business has serviced for more than 25 years," said Sherrick Orie, vice president, Central Region Operations. "This distribution center will feature technology and automation to improve quality of service for our customers and day-to-day work experiences for our employees, as well as the additional storage capacity essential to meeting our customers' growing needs."

Next generation technology integrated into the building will improve workflows and help move medical products through the building more efficiently, enhancing the order-to-delivery experience for customers. Working alongside employees, automation will drive productivity and performance, while reducing risks of ergonomic injuries.

"Cardinal Health is investing in a state-of-the art building in a prime location," said Walton Hills Mayor Don Kolograf. "We are excited to welcome the company to the new Forward Innovation Center (East) industrial park, Northeast Ohio's revitalized development space for modern manufacturing and distribution operations. We look forward to working with their team and making Walton Hills a vital area for Cardinal Health's growing operations in Ohio."

Cardinal Health's investment in the new facility is part of a larger strategy to best serve healthcare customers and the patients they care for. Expanding its U.S. Medical Products and Distribution footprint and implementing new technology solutions illustrates the company's continued focus on infrastructure, warehouse operations and supply chain resiliency. In 2023, Cardinal Health opened two new distribution centers in Central Ohio to support is U.S. Medical Products and Distribution and at-Home Solutions businesses, and a new medical products replenishment center in Montgomery, N.Y., which strengthens on-hand inventory levels and the ability to rapidly restock its distribution network. In late 2024, Cardinal Health will celebrate the recent opening of a new distribution center in the Boston, Mass., area, providing expanded warehouse capacity and specialized handling capabilities for products requiring refrigeration.

About Cardinal Health
Cardinal Health is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities. With more than 50 years in business, operations in more than 30 countries and approximately 48,000 employees globally, Cardinal Health is essential to care. Information about Cardinal Health is available at cardinalhealth.com.

Contacts
Media: Brittany Julian, brittany.julian@cardinalhealth.com
Investors: Matt Sims, matt.sims@cardinalhealth.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cardinal-health-expands-medical-product-distribution-footprint-in-northeast-ohio-302225574.html

SOURCE Cardinal Health

Copyright 2024 PR Newswire

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