Resmed to Launch Greenwood Distribution Hub, Apriem Cuts Stake by 8.5%
Resmed plans to open a new distribution center in Greenwood, Indiana, in 2027, boosting two-day transit coverage across North America from 75% to 90% and adding over 100 full-time and contingent jobs. Apriem Advisors lowered its stake by 8.5%, selling 2,891 shares to finish the quarter with 31,152 shares.
1. New Indiana Distribution Center
Resmed is opening a major distribution center in Greenwood, Indiana, scheduled to begin operations in 2027. The facility will complement existing hubs in Atlanta and Moreno Valley, employ more than 100 full-time and contingent workers, improve two-day transit coverage across North America from 75% to 90%, and shorten delivery times to Canada by one full day.
2. Apriem Advisors Trims Investment
Apriem Advisors reduced its holding in Resmed by 8.5% during the most recent quarter, selling 2,891 shares. After the sale, the firm held 31,152 shares, signaling a modest portfolio adjustment in its exposure to the home healthcare equipment provider.