Universal to Invest $50 Million, Create 45 New Jobs with Expansion into Greater Roanoke, Virginia Market
WARREN, Mich., Jan. 2, 2024 /PRNewswire/ — Universal Logistics Holdings, Inc. (NASDAQ: ULH) is poised to undertake an important expansion as it ventures into a new industrial building situated on Lee Highway within the greater Roanoke, Virginia area. Universal expects to invest approximately $50 million and generate 45 new employment opportunities with the expansion. The move marks a strategic initiative for Universal’s heavy truck division, a key player in providing third-party assembly, sequencing, and other value-added services within the logistics sector.
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