Levi Strauss & Co. has opened a new 151,000-s.f. distribution facility in Hebron, where it will receive Levi’s and Dockers products arriving from manufacturing facilities around the world and then distribute them to major retail stores throughout the United States. The company has added 20 new jobs as a result of the new facility and expects that number to more than double over the next couple of years.
Pomeroy IT Solutions Inc. has entered into an agreement to be acquired by affiliates of private equity firm Platinum Equity LLC for $6.50 per share. Prior to entering into the merger agreement with Platinum, Hebron-based Pomeroy terminated its previously announced merger agreement with Hebron LLC, Desert Mountain Acquisition Co. and David B. Pomeroy II. In accordance with the terms of that previous merger agreement, the company paid a termination fee of approximately $1 million to Hebron LLC.