iPower Ramps Up Warehouse Capacity With California Facility

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.