Bearings & Power Transmission Products Manufacturer Selects Charlotte for New Distribution Center
CHARLOTTE, NC, October 12, 2022 – Solve Industrial Motion Group (Solve), a leading manufacturer of bearings and power transmission products, has officially signed a lease for a 282,134-square-foot, state-of-the-art distribution center in Charlotte.
Located on Westinghouse Boulevard, the new facility is roughly two miles west of the company’s current warehouse with easy access to I-77, I-85, the Charlotte Inland Port, and the Port of Charleston. Solve is collaborating with Beacon Partners for site development. Construction is slated to being in 2022 with the complete build-out scheduled for 2023.
The new space has more than 200,000 additional square feet than Solve’s current facility, where it’s been since the early 1990s. In addition to supporting the company’s growth, the new space will allow for expanded engineering and quality control capabilities, flexible shipping and receiving areas, and designated product customization stations.
After an extensive evaluation of multiple potential locations in North and South Carolina, Charlotte was selected for the company’s anchor facility. The project was a coordinated effort between Solve, the City of Charlotte, Mecklenburg County, and Beacon Partners. Charlotte was chosen for its central location and capability of providing next day service to all of the southeast.
“Charlotte represents a strategic expansion of our network while reinforcing our position as the most trusted and knowledgeable source for bearings and power transmission products,” said Solve CEO, Lisa Mitchell. “The search was challenging, but it accommodates our future growth and our commitment to having the right inventory in the right location to best serve our customers.”
Solve expects to take occupancy of the new space in late summer/early fall of 2023.
About Solve Industrial Motion Group
Headquartered in Charlotte, North Carolina, Solve Industrial Motion Group manufactures and sells bearings and power transmission component parts to multiple industrial markets. Solve’s portfolio includes P.T. International, IPTCI Bearings, Tritan Bearings & PT Components, LMS Bearings, SST Bearing Corporation and MasterDrive, Inc. Solve offers over 100,000 product SKUs from 12 regional distribution centers.