April 25 - DB Schenker Logistics is set to invest approximately EUR27 million (USD35.7 million) to build a logistics centre on the Ilsfeld Untere Bustadt industrial park in Germany.
Construction on the 60,000 sq m property is scheduled to begin in early summer 2012 and will employ around 450 employees and some 50 Schenker Deutschland AG apprentices when operations begin as early as autumn 2013.
"We want to continue to grow together with our customers in the region. That's why we decided to build on this property, which is centrally located between Ludwigsburg, Tamm, Ditzingen and Heilbronn," explained Dr. Hansjörg Rodi , chairman of the Management Board of Schenker Deutschland AG, at the ground-breaking ceremony yesterday (pictured below).
The new logistics centre will be part of the Stuttgart branch of the company, which employs approximately 1,900 people.
DB Schenker Logistics provides land transport, air and ocean freight, trade fair services and special transports, as well as comprehensive logistics solutions and global supply chain management from a single source.