Lifetime brands, inc. announces new distribution center to build lifetime's infrastructure for the future

~ optimizes infrastructure for u.s. business, increasing capacity by 46% to 1.027 million square feet ~ ~ relocating east coast distribution center to built to suit facility in hagerstown, md ~ ~ expected to be fully operational in 2026 ~ garden city, n.y., jan. 29, 2025 (globe newswire) -- lifetime brands, inc. (nasdaqgs: lcut) (“lifetime” or the “company”), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today announced its plan to construct a new distribution center that will serve as a cornerstone for lifetime's infrastructure for the future, beginning with the signed lease for a new built to suit 1.027 million-square foot distribution center in hagerstown, md (the “hagerstown facility”).
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