thyssenkrupp Materials Services to modernise and expand its European warehousing and logistics network with 70 million euros investment

thyssenkrupp Materials Services to modernise and expand its European warehousing and logistics network with 70 million euros investment

(PRESS RELEASE) ESSEN, 19-Aug-2019 — /EuropaWire/ — thyssenkrupp Materials Services announces investment of around 70 million euros in the modernization and expansion of its European warehousing and logistics network. thyssenkrupp Materials Services will build a state-of-the-art logistics center and new warehouses in Germany, Poland and Hungary.

thyssenkrupp Materials Services is focusing on expanding its portfolio of services supplementing its core business and this investment if part of its “Materials as a Service” strategy.

Klaus Keysberg, Chief Executive Officer of thyssenkrupp Materials Services, comments: “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.”

Connected processing equipment and the digital integration of thyssenkrupp Materials Services’ sites will ensure flexible and perfectly coordinated logistics processes and services.

New logistics center in Germany, expansion of eastern European sites

thyssenkrupp Materials Services is investing around 60 million euros for a 36,000 square meter state-of-the-art logistics center to be built in Rotenburg/Wümme (Lower Saxony). The center will store up to 20,000 tons of materials to guarantee maximum material availability. The groundbreaking is planned for the end of the year and is scheduled to go into operation in 2021. The new logistics and processing center will serve customers in the north of Germany.

thyssenkrupp Materials Services is expanding its sites in Nowe Marzy, Poland and Budapest, Hungary with 11 million euros. At the end of September, two new modern warehouses are to start operation. The new warehouse in Nowe Marzy will have around 13,500 square meters of storage space and will be an addition to the hub in north Poland, which was built in 2017. The new facility in Budapest will cover a space of around 6,500 square meters.

Image materials are available for download here (source: thyssenkrupp Materials Services)

About thyssenkrupp Materials Services:

thyssenkrupp Materials Services is the biggest materials distributor and service provider in the western world. The company has around 480 locations – 271 of them warehousing locations – in over 40 countries. The wide-ranging capabilities offered by the materials experts enable customers to concentrate more on their individual core business and span two strategic areas: global materials distribution as a one-stop shop – from steel, tubes and pipes, nonferrous metals and specialty materials to plastics and raw materials – and tailored services in the areas of materials management and supply chain management. An extensive omnichannel architecture offers 250,000 customers worldwide round-the-clock access to more than 150,000 products and services. A high-performance logistics system ensures that all deliveries are integrated smoothly into customer production processes on a just-in-time or just-in-sequence basis.

For press information:

Lars Bank
Materials Services Head of Press Office
Telephone: +49 201 844 534416
Send email

SOURCE: thyssenkrupp AG