Hasbro, which once operated warehouses in six cities, including Seattle, plans to consolidate its operations into an Ontario, CA facility.
The announcement this week marks the end of a 33-year-old relationship, in which Hasbro has shipped goods through the Port. Mick Schultz, a port spokesman, says the company did not lease the port-owned space, but had a contract to unpack containers, store products and repack products. The value of that contract varied, depending on volume.
As the Port of Seattle's largest warehouse customer, Hasbro brought $8.7 million in revenue to the port in 2001. The port had expected $9.7 million in Hasbro revenue this year.
Schultz says the port is presently mulling over the best ways in which to get a good-fitting customer into that space. The warehouse facility at Terminal 106 currently houses Jay Imports and Honda and Kawasaki motorcycles.
"We're going to take a real hard look at that operation and decide what our role is in warehousing and distribution and what that facility's role is," Schultz says.
If it's not a business the port can be competitive in, it's possible it will pursue other alternatives.
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