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Natural Health Trends (OTCBB:BHIP) +27%

Natural Health Trends Corp., an international direct selling company, today announced it has moved its Dallas office to 751 Canyon Drive, Suite 150, Coppell, Texas, where corporate functions will be performed. The Company has also secured a better-suited warehouse primarily serving the North American markets in Grand Prairie, Texas. Coppell and Grand Prairie are both suburbs of Dallas, Texas. The Company believes that the move will provide significant cost savings over its existing office and warehouse space.

“Over the last 2 years, we moved a number of Dallas functions overseas, including shipping inventory directly to markets, serving the Russian market with a new Moscow warehouse, relocating accounting positions to Hong Kong, and delegating certain IT projects to the international offices. Consequently, our building in Dallas was much too big for us.  We were utilizing less than 10 percent of the warehouse and 20 percent of the office space.” said Chris Sharng, President of Natural Health Trends Corp.  “After two years of seeking to sublet our previous headquarters, we are excited about this development.  We were able to secure both office and new warehouse space that is ideal for our operations and fully relocate to these spaces. It was a major feat and will benefit the organization on many levels.  We will continue to look for operational efficiencies to benefit the business and create additional opportunities for business growth and revenue generation.”

 

To view this article at World Market Media click on the link below: http://www.worldmarketmedia.com/779/section.aspx/1873/post/natural-health-trends-otcbbbhip-27



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