This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Sofrigam SA Chooses ModusLink As Value Added Warehousing Partner

Stocks in this article: MLNK

ModusLink Global Solutions™ Inc. (NASDAQ: MLNK) today announced an agreement with Sofrigam SA to provide key warehousing, fulfillment and transportation services for Sofrigam’s world-class pharmaceutical cold chain packaging products. ModusLink will help Sofrigam position their product closer to key customer sites and manage more frequent inventory call offs in line with customer demand.

Sofrigam designs and manufactures secure cold chain packaging solutions for biopharmaceutical manufacturers, with an added focus on payload efficiency and ease of use. Refrigerant containers and packaging materials are manufactured and tested to ISO quality standards in Sofrigam’s facilities in Europe and North America. Sofrigam has selected ModusLink as its global distribution and fulfillment partner to strategically position materials closer to customer operations, improving response time and reducing their customers’ inventory levels.

“ModusLink provides Sofrigam with immediate access to thirty warehouse and fulfillment sites in fifteen countries and will act as a virtual extension of our operations,” said Christopher Day, vice president, North America, Sofrigam. “In our industry, value is added through sophisticated design and manufacturing. Global distribution is a must, but it doesn't make economic sense for us to do it ourselves. This partnership will give us flexibility to position inventory to best serve our customers throughout the world and will quickly enable the global expansion of our business as the market for temperature-sensitive shipping materials continues to grow.”

“Sofrigam needed a highly reliable supply chain provider to manage complex international distribution and logistics for their pharmaceutical customers,” said Thomas Nightingale, president, sales and marketing, ModusLink. “Our worldwide operations network is unified with a strong systems infrastructure and Lean Sigma-based operations that ensure the consistency and efficiency of our distribution services and is a perfect match for Sofrigam and other clients looking to expand their business globally.”

Through its network of carriers, ModusLink delivers to 140 countries from 30 solution centers worldwide, all connected by a single technology infrastructure.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,749.79 -28.36 -0.16%
S&P 500 2,063.89 +2.66 0.13%
NASDAQ 4,754.4460 +6.05 0.13%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs