PORTLAND, Ore., Sept. 22, 2014 /PRNewswire/ -- OIA Global, a leading worldwide logistics, materials management and packaging solutions provider, announced today that it has obtained majority equity in its TriMAX JV, and formed OIA Global Vietnam Co., Ltd.
"This is an exciting time for OIA Global. We have operated in Vietnam for the past 10 years through our JV TriMAX. OIA's clients will now experience a single brand, visibility through our operating system, and an expanded service offering. OIA Global gains the benefit of a majority owned company to enhance product development in our materials management, and packaging optimization," said Charlie Hornecker, CEO of OIA Global.
"Converting this significant operation to an OIA Global entity in Vietnam realizes our long-term vision to grow in geography, customer base and strengthen our ability to serve our customers' needs in one of the fastest growing and most important manufacturing markets in the world," said T.H. Lee, General Director of OIA Global Vietnam.
OIA Global originally formed TriMAX Logistics JV Co., Ltd. with operations in Ho Chi Minh City and Hanoi. The corporation now owns a majority stake in the operation.
About OIA Global
Since its founding in 1988, OIA has grown to become a leading third party logistics provider delivering clients a unique combination of global logistics, materials sourcing, and creative packaging solutions. With a dedicated staff of over 850 professionals and an extensive worldwide presence in over 75 countries, OIA designs innovative solutions that can optimize supply chains around the world. OIA is a part of LDI Ltd., an Indianapolis-based family office with more than a century of experience funding and operating high-potential, middle-market companies. For more information please visit www.oiaglobal.com and www.ldiltd.com.
OIA Global Contacts
Christina Marini, Marketing Coordinator
Christina.marini@oiaglobal.com
+1-503-736-5971
T.H. Lee, General Director Vietnam
TH.lee@oiaglobal.com
+84 3822 9139
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