December 29, 2008 - Modern Distribution Management

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December 29, 2008

Owens & Minor to Sell Direct-to-Consumer Diabetes Business

Owens &Minor, Richmond, VA, has agreed to sell its direct-to-consumer, diabetes supply business to Liberty Healthcare Group, Inc. for $63 million in cash. The assets include patient data and intellectual property.

The transaction is expected to close in early January.

Owens &Minor, Inc. is a distributor of name-brand medical and surgical supplies and a healthcare supply-chain management ...

Owens & Minor to Sell Direct-to-Consumer Diabetes Business Read More »

One Distributor’s Experience in Greening Its Warehouse

The desire to go green often is offset by concerns about the upfront cost of the necessary changes. Knoxville Wholesale Furniture, Knoxville, TN, spent $125,000 on three machines to process Styrofoam, plastic and cardboard for recycling, according to a recent article at knoxnews.com.
 
But the payback expected is more than worth that investment, according to owner Tim Harris. The company is already seeing tangible results from that purchase and other actions taken to green the wholesaler's primary location: Instead of six loads of trash a day, the company empties one Dumpster of trash into the local landfill each week -slashing waste management costs. With the cost savings realized, Harris expects the investment to pay for itself in one year.
 
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