Thyssenkrupp plans to build £55m logistics centre in Germany

Thyssenkrupp

August 21, 2019 – Thyssenkrupp Materials Services, the distribution and service provider of the Thyssenkrupp Group, has announced plans to build €60m (£55m) logistics centre in Germany.

The move is a part of the firm’s modernisation and expansion plan for its European warehousing and logistics network.

With around 36,000m² of storage space, the new logistics centre is planned to be built in Rotenburg/Wümme in Lower Saxony.

Construction on the centre, which is expected to store up to 20,000 tonnes of materials to guarantee maximum material availability, is scheduled to commence by the end of the year.

Scheduled to be commissioned in 2021, the new logistics and processing centre will serve customers in the north of Germany, Thyssenkrupp said.

Thyssenkrupp Materials Services CEO Klaus Keysberg said: “Expanding and modernizing our capacities are important elements of our growth.

“Innovative logistics, automation and digitalization will help us improve our performance and our productivity. That means we can cater even better to the individual requirements of our customers while they can concentrate on their core business.”

A total of €11m is also planned to be invested by Thyssenkrupp Materials Services in the expansion of its sites in Nowe Marzy, Poland and the Budapest, Hungary.

The firm plans to open the two new modern warehouses at the end of September 2019. The new warehouse in Nowe Marzy will have around 13,500m² of storage space while the new facility in Budapest will cover around 6,500m² space.

Earlier this year, Thyssenkrupp Elevator has broken ground on new Innovation and Qualification Center (IQC) in Atlanta, US.

Featuring 420ft-tall elevator test tower, the innovation centre is claimed to be the tallest of its kind in the US and one of the tallest in the world.

Due for completion in 2021, the building forms part of a complex that will comprise thyssenkrupp Elevator’s new North American headquarters.

Source:- http://www.worldconstructionnetwork.com/news/thyssenkrupp-plans-to-build-55m-logistics-centre-in-germany/

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