Sigma Supply buys Munro & Company distribution center

The exterior of the Munro building on Malvern Road as seen in January. - Photo by Tanner Newton of The Sentinel-Record
The exterior of the Munro building on Malvern Road as seen in January. - Photo by Tanner Newton of The Sentinel-Record

Sigma Supply of North America, a nationally based distributor of packaging supplies and equipment headquartered in Hot Springs, announced Wednesday it has acquired the distribution center of Munro & Company Inc. at 3770 Malvern Road.

The center includes around 29 acres of land and two primary buildings totaling over 136,000 square feet, and the acquisition will "benefit both Sigma Supply and Munro," a news release said.

Sigma Supply had negotiated to lease a portion of the main building from Munro, which specializes in women's footwear, earlier in 2021, it said.

"This move led to advancements in the relationship that initiated the purchase of the property. Sigma's current plans are to continue the use of their previously leased section of the main facility for their own distribution needs, allowing Munro & Company to continue their operations with no additional adjustments," the release said.

The fields located on the south side of the property, currently being utilized by the nonprofit Hot Springs Soccer Association, will also be able to continue serving the community with no changes scheduled for the near term, it said.

"It is an honor and a privilege to have the opportunity to purchase such an iconic building," Scott Hamby said in the release, speaking on behalf of the family. Scott and Banks Hamby started their careers with Lake Catherine/Munro & Company, providing them with packaging items for over 30 years.

"While Sigma Supply is not planning on changing much within the interior functions, they are investing a lot of capital into the exterior. Scott Hamby has announced that there will be improvements to the structure to restore the building to its former glory in the coming months," the release said.

Additional acquisitions from Sigma Supply in 2021 included Sabine Packaging, located in Orange, Texas.

Sigma Supply of North America operates 18 facilities around the United States, with their corporate base of operations in Hot Springs.

"Sigma is so glad to be able to expand into Garland County. With this addition, we will be able to move inventory from Northwest Arkansas and create more jobs in our community," Scott Hamby said.

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