Technology-products distributor Wynit, which closed its Greenville headquarters unexpectedly Aug. 25, has filed for bankruptcy, citing more than $106 million in outstanding debts, according to court documents.
Wynit Distribution was a marketing, distribution and logistics company that launched in 1987 in Syracuse, New York. With operations in South Carolina, Arkansas, Minnesota, Tennessee, Nevada and Ontario, the company delivered high-tech goods such as 3-D printers, drones and software to thousands of resellers around the country. Wynit’s business model was that of a "middle man," purchasing inventory from manufacturers and storing it before reselling it to large retailers such as Staples, Best Buy and Amazon.
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