CAMARILLO, CA--(Marketwire - October 29, 2010) - Harbor Freight Tools, the nation's largest discount tool retailer, today announced it had finalized an agreement for an additional distribution center in Moreno Valley, CA. The distribution center will become operational in late 2011 and will be used to support Harbor Freight's growth in sales and number of stores.
"We are very excited to have finalized our agreement with Ridge Property Trust for this distribution center," said Robert René, COO of Harbor Freight Tools. "We will continue to refine our distribution infrastructure and capabilities in response to our growth, including hiring over 2,000 new employees nationally over the last 18 months. We plan to continue to have significant distribution operations in Ventura County and may also add facilities in other locations nationally."
"Ridge Property Trust and City of Moreno Valley Officials are proud to welcome a great company like Harbor Freight Tools to Moreno Valley," said Dennis Rice, President of Ridge Property Trust.
Founded in 1968, Harbor Freight Tools is known as the national leader in selling high quality tools at "ridiculously low prices" to more than 10 million customers. Harbor Freight Tools stocks over 7,000 items in categories including automotive, shop equipment, air and power tools, outdoor equipment, compressors, welding, and woodworking tools. With a lifetime guarantee on all hand tools and outstanding customer service, Harbor Freight Tools is a favorite with business customers such as contractors, government agencies, schools and manufacturing companies and with tool enthusiasts and do-it-yourselfers who want a top-quality selection while still being value-conscious. Harbor Freight Tools operates 336 stores in 44 states across the United States. For more information, visit www.harborfreight.com.
Contact Information:
Contact Information:
John Batten
Harbor Freight Tools
+1 805 388 1000 x 4683
jbatten@harborfreight.com