Thomas Nelson Inc.’s local warehouse operations are set to lose an unknown number of jobs following the announcement that parent company HarperCollins is closing its last two U.S. warehouses.
In July, HarperCollins finalized its purchase of Thomas Nelson, the headquarters and warehouse for which are located near Nashville International Airport. In late 2011, the two entities agreed to the deal, which was worth about $200 million. Thomas Nelson had been under the wing of private-equity firm Kohlberg & Co. since mid-2010. (Read more here.)
Harper is enlisting R.R. Donnelley & Sons to handle warehousing and distribution services for all its U.S. titles. That move will impact the Thomas Nelson location. Company officials could not be reached for comment Tuesday on the pending closure. The company employs about 500 people in the Nashville area, but it's not clear how many of them are in distribution.
POSTDATA: WARRANTY DEEDS