SAN FRANCISCO and AMSTERDAM, Sept. 1,
2015 /PRNewswire/ -- Menlo Logistics (Menlo), the
US$1.7 billion global logistics and
supply chain management subsidiary of Con-way Inc. (NYSE: CNW),
today announced a build-to-suit agreement with global industrial
real estate developer Prologis, Inc. (NYSE: PLD) for a new
70,000-square-meter regional logistics facility in Eindhoven,
the Netherlands.
The facility will be located at the Acht industrial park in
Eindhoven, adjacent to the A2/N2 Eindhoven ring road, which offers
direct access to Belgium and
Germany, as well as Amsterdam to the north. It will be one of the
largest build-to-suit projects in the region. The expansion
spotlights Menlo's commitment to investing in the expanding market
for high-value warehousing, distribution and fulfillment services
in the Benelux region, and its growing prominence as a strategic
logistics hub for central Europe.
"The Benelux region and Europe
as a whole have always been strong markets for Menlo and represents
some of our most promising growth areas, due largely to our
presence in the healthcare sector, where we have served medical
device manufacturers for many years," said Robert L. Bianco Jr., president of San Francisco, California-based Menlo
Logistics. "Our long-term lease for this facility with our real
estate development partner, Prologis, further reinforces our
commitment to the European market, not only for healthcare
logistics, but across a wide spectrum of industries. We are
investing to grow with our customers."
The new Eindhoven facility complements Menlo's European
footprint, which includes a network of 16 facilities throughout
Europe staffed by 800 employees.
The company services more than 30 European businesses and
multinational companies in sectors such as healthcare, fashion and
apparel, consumer goods, e-commerce, high-tech, industrial
manufacturing and automotive.
"This transaction reflects the strong demand for Class A
facilities in Tilburg, Eindhoven and Venlo and further strengthens
Prologis' presence in this market," said Bram Verhoeven, country manager, Prologis
Benelux. "We are pleased to further our global partnership with
Menlo in the development of strategic industrial real estate
properties that provide high-value logistics services for local,
regional and global businesses."
The new 70,000-square-meter distribution centre will be a
multi-discipline, multi-client facility capable of supporting the
local, regional and global supply chain operations of
manufacturers, distributors and service providers across a variety
of industries.
Eindhoven will be one of Menlo's most advanced facilities, with
specific design elements and features to address the stringent
requirements of the multiple industries the company supports. The
facility also will be capable of delivering other value-added
services, such as picking and packing operations, product
configuration, customized labeling and return management services.
More than 200 employees will support the operation.
Initial site preparation for the facility began in late July.
Construction is scheduled for completion in the first quarter of
2016.
"This new facility is an ideal match for our needs and will
accommodate the rapid growth we expect from our ambitious European
expansion plans," said Tony Gunn,
managing director, Menlo Logistics Europe. "Prologis collaborated
effectively with us to develop a modern, strategically located
facility built to our exact specifications. It will provide another
efficient platform from which we can employ our Lean approach to
logistics and supply chain management."
Menlo is a leading global provider of logistics, transportation
management and supply chain services with operations on five
continents. Established in Europe
for more than 20 years, the company's services range from dedicated
contract logistics to warehousing, distribution, fulfillment and
transportation management, supply chain engineering and other
value-added services across multiple industries.
Prologis is the leading provider of industrial real estate in
the Benelux, with approximately 1.7 million-square-meters of
logistics and distribution space in the region. Menlo also partners
with Prologis to lease and operate logistics facilities in
Asia and North America.
"Our customers expect consistent, efficient, high-quality
service, and this new facility, coupled with our commitment to
sustainable business practices and Lean continuous improvement,
delivers on that promise," concluded Menlo's Bianco.
Menlo Logistics images are available at
www.con-way.com/en/about_con_way/newsroom.
Follow Menlo on Twitter:
http://twitter.com/MenloLogistics.
About Menlo Logistics
Menlo Logistics, LLC, is a US$1.7
billion global provider of logistics, transportation
management and supply chain services with operations in five
continents, including North
America. As a third-party logistics provider, San Francisco, California-based Menlo
Logistics' services range from dedicated contract logistics to
warehouse and distribution management, transportation management,
supply chain reengineering and other value-added services including
packaging, kitting, order fulfillment and light assembly through a
strategic network of multi-client and dedicated facilities. With
nearly 20 million square feet of dedicated warehouse space in
North America, the Asia Pacific, Europe and Latin
America, and industry-leading technologies, Menlo Logistics
creates effective, integrated solutions for the transportation and
distribution needs of leading businesses around the world.
Menlo Logistics, LLC, is a subsidiary of Con-way Inc. (NYSE:
CNW), a $5.8 billion diversified
freight transportation and logistics company. For more information,
please visit us on the Web at
http://www.con-way.com/en/logistics.
About Menlo Logistics Europe
In Europe, Menlo Logistics maintains 16 dedicated
or multi-client Logistics Centres and Transportation Control Towers
located in the Netherlands,
Belgium, the Czech Republic, Finland, Germany, Ireland, Hungary and the United Kingdom. This warehouse and
transportation network can serve as a pan-European distribution
solution, using one or several facilities.
4PL supply chain and transport management solutions, as well as
3PL warehousing, VAS and distribution services, are offered to
a variety of vertical industry sectors, including retail and
consumer, e-fulfillment, health care, e-returns, manufacturing
support, data centre logistics, spare parts and aftermarket supply,
and high-tech logistics. The European headquarters is at the
multi-client Amsterdam Distribution Centre in the Netherlands. For more information, go to
www.menlologistics.com/europe
About Prologis
San Francisco, Calif.-based
Prologis, Inc. (NYSE: PLD) is the global leader in industrial real
estate. As of June 30, 2015, Prologis owned or had investments
in, on a wholly owned basis or through co-investment ventures,
properties and development projects expected to total approximately
670 million square feet (62 million square meters) in 21 countries.
The company leases modern distribution facilities to more than
5,200 customers, including third-party logistics providers,
transportation companies, retailers and manufacturers.
Logo - http://photos.prnewswire.com/prnh/20140922/147592
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/menlo-logistics-partners-with-prologis-on-new-70000-sq-meter-distribution-center-in-eindhoven-300135559.html
SOURCE Menlo Logistics