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Dell Sells Remanufacturing Operation

July 17, 2009 (FinancialWire) — PC maker Dell (NASDAQ: DELL) has agreed to sell its North American remanufacturing operation in Lebanon, Tennessee to Genco Supply Chain Solutions, a U.S.-based, third-party logistics services provider.

According to Dell, the deal includes Dell’s receipt and remanufacturing operation, a 298,000-square-foot facility and continued employment for the employees in that facility.

Round Rock, Texas-based Dell said that the move is among changes Dell is making to simplify its global operations, enhance efficiency and reduce costs.

The company said it will remain committed to Genco’s new Lebanon operation for three years for the remanufacture of its returned desktop and notebook computers, servers and storage systems, which are then sold as refurbished products to customers.

Full terms of the agreement were not disclosed, and the purchase will not become final until closing conditions are met. Genco is expected to begin managing operations at the Lebanon facility on August 1.

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