Warehousing

Patton Logistics Group Expands Its Reach with the Acquisition of Milton Transportation

In a strategic move to bolster its presence in the logistics and transportation sector, Patton Logistics Group has announced the acquisition of Milton Transportation and Warehousing, BTR Inc., along with associated real estate holdings. This acquisition marks a significant step in Patton Logistics Group's ongoing expansion efforts, aimed at enhancing its service offerings across North America.

Strategic Acquisition to Enhance Logistics Capabilities

The acquisition, slated for completion on Friday, June 27, includes a comprehensive set of assets from Milton Transportation. These assets encompass 40 trucks, 300 trailers, two truck maintenance facilities, and a specialized body and alignment shop. The acquisition represents a considerable expansion of Patton's logistics capabilities, further solidifying its position as a leading provider of freight transportation, warehousing, and logistics services.

Located in Ackworth, Milton Transportation has been recognized for its efficient operations and has left a positive impression on industry observers. The move to incorporate Milton's assets and capabilities will likely enhance Patton Logistics Group's transportation prowess and streamline its logistics warehouse operations.

Investment and Economic Impact in Pulaski County

The acquisition is part of a broader $12 million investment aimed at developing a robust logistics hub in Dublin, Pulaski County, Virginia. This location was strategically selected due to its superior workforce availability and strategic proximity to the interstate highway system, allowing Patton Logistics Group to efficiently serve major population centers in North Carolina, Pennsylvania, Maryland, and Tennessee.

The expansion includes the construction of a 100,000-square-foot warehouse and distribution facility, which is expected to create new job opportunities and spur economic growth in the New River Valley region of Virginia. Patton Logistics Group anticipates hiring between 25 to 50 new employees once the build-out of the warehousing capacity in Milton is complete, providing a significant boost to the local economy.

State Support and Future Prospects

Patton Logistics Group's expansion into Southwest Virginia is further supported by its eligibility to receive state benefits from the Virginia Enterprise Zone Program. This program aims to stimulate economic development through incentives for businesses that invest and create jobs in designated areas.

Southwest Virginia is home to two of Patton Logistics Group's largest clients, making the region an ideal location for expanding its operations. The enhanced logistics capabilities resulting from the acquisition are expected to lead to increased transportation capabilities and improved service delivery for Patton's clients.

Commitment to Growth and Strategic Expansion

The acquisition of Milton Transportation is a testament to Patton Logistics Group's focus on growth through strategic acquisitions. By integrating Milton's resources and expertise into its operations, Patton Logistics Group is poised to offer enhanced logistics solutions to its clients, further cementing its status as a key player in the North American logistics industry.

As the acquisition process nears completion, stakeholders in both Patton Logistics Group and the local communities eagerly anticipate the positive impacts this development will bring. From job creation to improved logistics services, the expansion promises to be a transformative step for all parties involved.