Funko closing warehouse locations in Washington in consolidation move to Arizona

The company, which makes Pop! figurines and other pop culture merchandise was founded in 1998. The company opened their current offices in 2017 and went public on the Nasdaq Global Select Market under the stock symbol FNKO the same year.

The company operates two facilities in Everett, Wash. and employs hundreds of workers.

A Funko spokesperson said in an emailed statement, "In an effort to better serve our customers and fans, Funko has made the decision to consolidate our warehouse operations to a single facility in Buckeye, Arizona in 2022. We will be working with our distribution center employees to support them through the transition, including potential relocation and/or other opportunities within the organization."

The spokesperson added that the company help workers with potential relocation, or find them other positions within the company.

According to the Phoenix Business Journal Funko is leasing an 863,000-square-foot facility Buckeye, a Phoenix suburb, and will employ approximately 360 people and is expected to occupy the space by April 1.

For the time being, Funko's headquarters and flagship store will remain in downtown Everett.