Liquidity Services Relocates and Expands Its Indianapolis Operation

Core Insights - Liquidity Services has relocated and expanded its Indianapolis operation to a new 203,840 sq ft facility in Brownsburg, Indiana, enhancing its capacity to manage excess inventory and reaffirming its commitment to sustainability [1][3] Company Operations - The new Brownsburg warehouse is one of nine across North America, designed to handle both individual consumer sales and business-to-business transactions [2] - The facility supports Liquidation.com and AllSurplus Deals, allowing consumers to bid on high-quality returns and overstock items at discounts of up to 90% off retail prices [4] Economic Impact - The Brownsburg facility currently employs up to 90 people, retaining all employees from the previous Plainfield location and adding new staff to support regional growth [5] - The expansion is expected to bolster the economic vitality of the Brownsburg community by creating new job opportunities [5] Sustainability Efforts - In 2023, consumers returned $743 billion worth of goods, contributing to landfill waste; Liquidity Services aims to mitigate this by extending the life cycle of returned and overstock items [2] - The company plays a crucial role in reducing retail waste and its environmental impact through its operations [3][6]