German industrial group thyssenkrupp AG. Materials Services is investing around 70 million euros in the modernization and expansion of its European warehousing and logistics network.
A state-of-the-art logistics center and new warehouses are to be built in Germany, Poland and Hungary, said thyssenkrupp Materials Services.
The distribution and service provider of the thyssenkrupp Group said that the investments are an important part of thyssenkrupp Materials Services’ strategy. Under its “Materials as a Service” approach, the western world’s biggest materials distributor is focusing on expanding its portfolio of services supplementing its core business.
“Expanding and modernizing our capacities are important elements of our growth,” says Klaus Keysberg, Chief Executive Officer of thyssenkrupp Materials Services.
“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,” he added.
Connected processing equipment and the digital integration of the company’s sites will ensure flexible and perfectly coordinated logistics processes and services.
A state-of-the-art logistics center with around 36,000 square meters of storage space is to be built in Rotenburg/Wümme (Lower Saxony). The company is investing around 60 million euros in the site, which will store up to 20,000 tons of materials to guarantee maximum material availability.
The groundbreaking is planned for the end of the year. Serving customers in the north of Germany, the new logistics and processing center is scheduled to go into operation in 2021.