BALTIMORE, Aug. 30, 2016 /PRNewswire/ -- Today Under
Armour (NYSE: UA, UA.C), Maryland
Governor Larry Hogan, Maryland Secretary of Commerce Mike Gill, Baltimore County Executive
Kevin Kamenetz and Tradepoint
Development Executive Vice President Eric
Gilbert announced the company's plan to open a 1.3 million
square-foot distribution and warehouse facility at Sparrows Point in Baltimore County, as part of the Tradepoint
Atlantic redevelopment project. This will be Under Armour's fourth
distribution facility in the United
States and the second in the surrounding area of the
company's headquarters in Baltimore,
Maryland. The other Maryland facility is located in Curtis Bay and will continue to operate in
addition to its Rialto, California
and Mount Juliet, Tennessee
distribution houses. The establishment of the Sparrows Point distribution house, which is
expected to open in the summer of 2018, is a collaboration with
state and local officials to employ approximately 1,000 employees
in the Baltimore area once the
facility is operating at its full capacity. The facility will
feature state-of-the-art equipment and systems to enhance Under
Armour's product distribution to its expanding consumer base
through its e-commerce business.
"We take great pride in collaborating with Governor Hogan,
Secretary Gill, Baltimore County Executive Kamenetz, Tradepoint
Atlantic and the many other state and local officials who share our
commitment to create economic and job opportunities for the greater
Baltimore community and
Maryland as a whole," said Under
Armour Founder and CEO Kevin Plank.
"The new Distribution House will be a top-notch service engine for
our e-commerce business to deliver the right product, to the right
place at the right time to our growing consumer base and athletes
around the world."
"Under Armour is a true Maryland success story, and this new
e-commerce center is another way they are showing their commitment
to our state and to the Baltimore
region," said Governor Larry Hogan.
"As a pivotal new tenant at Tradepoint Atlantic, Under Armour will
play a big part in this site's resurgence to a center of economic
activity and trade. We applaud Kevin
Plank and his team for the visionary decision to open their
latest distribution house – and create 1,000 jobs over the coming
years – right here in Maryland."
"Under Armour's latest investment in our state reinforces the
fact that Maryland is a great
place to do business," said Secretary of Commerce Mike Gill. "Economic development is a team
sport, and it's clear that our team – from the various state
agencies, to the local officials and the private sector – is
committed to supporting this project's success every step of the
way."
"Under Armour's new e-commerce distribution house at Tradepoint
Atlantic is a perfect match for our vision for Sparrows Point -- a hometown company investing
in the region and bringing 1,000 jobs to Baltimore County. Under Armour's success has
been based on commitment, respect and the ability to creatively and
strategically meet the demands of the marketplace. We are proud to
be part of that team," said Baltimore County Executive Kevin Kamenetz.
"We are excited to welcome one of the world's leading global
brands to Tradepoint Atlantic, lending further validation to the
enormous value that our multi-modal logistics capabilities deliver
for companies seeking supply chain optimization and unmatched
access to global markets," said Eric
Gilbert, Executive Vice President of Tradepoint Development,
the developer of Tradepoint Atlantic. "The former home to one of
the largest integrated steel mills in the world has been reborn as
a center for global commerce that will continue to bring new jobs
and investment to Maryland."
About Under Armour, Inc.
Under Armour (NYSE: UA,
UA.C), the originator of performance footwear, apparel and
equipment, revolutionized how athletes across the world dress.
Designed to make all athletes better, the brand's innovative
products are sold worldwide to athletes at all levels. The Under
Armour Connected Fitness™ platform powers the world's largest
digital health and fitness community through a suite of
applications: UA Record, MapMyFitness, Endomondo and MyFitnessPal.
The Under Armour global headquarters is in Baltimore, Maryland. For further information,
please visit the Company's website at www.uabiz.com.
About Tradepoint Atlantic
Tradepoint Atlantic is the
developer, manager and owner of the former Bethlehem Steel Mill, a
3,100-acre industrial site in Baltimore,
Maryland that offers a gateway to markets around
the United States and the world,
featuring a unique combination of access to deep water berths,
rails and highways. Ground-breaking agreements signed with
federal and state environmental regulators in 2014 to remediate the
legacy from a century of steel-making enable the redevelopment of
the site with the potential to become one of North America's most strategic multi-modal,
multi-commodity terminals. For more information visit:
www.tradepointatlantic.com.
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SOURCE Under Armour, Inc.