- Online hydroponic equipment supplier and retailer iPower Inc IPW agreed to lease a new warehouse and logistics facility in Rancho Cucamonga, CA.
- This newly built facility, located near an international airport in Ontario, CA, will have 100,000 sq ft of useable space.
- It will more than double the current warehouse capacity and support the ongoing strong demand for hydroponics products and accessories.
- Price action: IPW shares traded higher by 2.86% at $5.04 on the last check Monday.
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