IBJNews

Fishers warehouse to close, costing 248 jobs

Back to TopCommentsE-mailPrintBookmark and Share

New York-based Sony DADC Americas will start shutting down its Fishers distribution facility in May and lay off all 248 workers by September, the company said Friday morning.

Company spokeswoman Lisa Gephardt said employees were notified of the plans on Wednesday.

The distribution center handles compact discs for EMI Music, Universal Music and Sony Music, but it’s shutting down because of continuing economic challenges, Gephardt said.

Compact disc sales have fallen dramatically in recent years while more consumers switched to digital downloads to listen to music. Industry experts say digital downloads—mostly purchased on iTunes—will outsell music CDs for the first time in 2012. 

“I think everyone’s pretty-well aware of what’s happening with the CD business,” Gephardt said.

Gephardt said Sony DADC currently leases the 637,531-square-foot distribution center, located at 9999 E. 121st St.

It was previously operated by EDCI Holdings, which in November 2008 announced that it would sell supply agreements and equipment to Sony for $26 million. The sale included equipment in the Fishers facility.

An Amarillo, Texas-based distribution firm, Anderson Merchandisers LP, will pick up Sony DADC's distribution agreements and service them from a distribution center in Franklin. An official with Anderson declined to discuss the new contracts.

Sony DADC is a division of New York-based Sony Corporation of America, a subsidiary of Tokyo-based Sony Corp.

 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

ADVERTISEMENT