GPO Plus Inc. (OTC:GPOX) Stock Gains Momentum: Now What?

This morning, most investors are going to track those companies that may have come into focus on Wednesday, and one of those is GPO Plus Inc. (OTC:GPOX). The technology-powered company is involved in the manufacturing, development, and DSD distribution of consumer products meant for specialty retailers like gas stations and convenience stores. Yesterday, the company was in the news cycle after it announced the formation of a regional hub and West Coast fulfillment center in the state of New Mexico.

The company announced that, in order to signify the commencement of the new fiscal year, GPO Plus was intent on launching its second regional hub soon. The primary objective of the Regional Hub would be to serve the Mini Hubs while concurrently expanding the service area of GPO Plus and DISTRO+. The company revealed in the news release that the hub would cater to more than 150 stores in New Mexico and neighboring states. Additionally, it would also function as the West Coast Fulfillment Center for both online sales and direct-to-consumer sales.

It would also help in the drop-shipping of GPOX-branded products. GPO Plus stated that the Regional Hub would provide its services to Mini Hubs located in the states of Colorado, Arizona, South Dakota, and Wyoming. The Chief Executive Officer of GPO Plus, Brett H. Pojunis, spoke about the latest move from the company yesterday. He noted that the company was making major strides in its quest to expand its operational footprint.

The launch of the Regional Hub in New Mexico was a demonstration of its commitment to boosting efficiency and service delivery. He went on to state that the expansion was also in alignment with the company’s mission to deliver the highest class of products and services to its customers on a consistent basis.