By Business Wire, March 14, 2013, 08:00:00 AM EDT
—Move from Apeldoorn to Venray in The Netherlands will yield improved
warehousing, provide additional transportation options for clients—
WALTHAM, Mass.--(BUSINESS WIRE)--
Global Solutions™ Inc. (NASDAQ:MLNK) has announced a
planned move of its operations in The Netherlands from the current site
in Apeldoorn to a new location in Venray. Initial work to transition
client services is underway and the new facility is expected to be fully
operational by July 2013.
ModusLink executives lead tour of new facility in Venray (Photo: Business Wire)
"The Netherlands is a highly strategic logistics hub in Europe and our
company and our clients have enjoyed many benefits over the last 25
years from our location in Apeldoorn," said Scott Crawley, president,
global operations, sales and marketing, ModusLink. "Today, we are
managing numerous supply chain programs for global consumer electronics
companies whose growth necessitates a facility that is better designed
in terms of warehouse space and layout, shipping bays and with access to
more transportation options. We have found an ideal location in Venray
and this move will improve our clients' operations while also
benefitting ModusLink economically and competitively."
ModusLink's new Solution Center is located in an area of Venray that is
home to many logistics and transportation facilities. The geographic
location of Venray within the country offers easy access to major
European highways, river-based shipping and an extensive rail system.
There are approximately 50 weekly inter-modal transportation service
options for moving materials and finished goods in and out of the
logistics area by train and barge.
The new facility features 28 loading bays, 15,000 sq. meters of
warehouse space in a layout designed for storage and fulfillment, as
well as designated areas ideal for product assembly, configuration and
packaging. A number of the current ModusLink employees will be moving to
the new location and the Venray area boasts a skilled workforce
experienced in logistics and supply chain work.
About ModusLink Global Solutions
ModusLink Global Solutions Inc. (NASDAQ:MLNK) executes comprehensive
supply chain and logistics services that improve clients' revenue, cost,
sustainability and customer experience objectives. ModusLink is a
trusted and integrated provider to the world's leading companies in
consumer electronics, communications, computing, medical devices,
software, luxury goods and retail. The Company's operating
infrastructure annually supports more than $80 billion of its clients'
revenue and manages approximately 470 million product shipments through
more than 30 sites in 15 countries across North America, Europe, and the
Asia/Pacific region. For details on ModusLink's flexible and scalable
solutions visit www.moduslink.com
the blog for supply chain professionals.
This release contains forward-looking statements, which address a
variety of subjects including, for example the expected benefits of
ModusLink Global Solutions move of its operations from Apeldoorn to
Venray.All statements other than statements of historical fact
are forward-looking statements. The following important factors and
uncertainties, among others, could cause actual results to differ
materially from those described in these forward-looking statements: the
Company's success, including its ability to transition its operations
from one location to another, depends on its ability to execute on its
business strategy and the continued and increased demand for and market
acceptance of its products and services; and the Company's management
may face strain on managerial and operational resources as they try to
oversee the move of its operations to a new location. For a detailed
discussion of cautionary statements that may affect the Company's future
results of operations and financial results, please refer to its filings
with the Securities and Exchange Commission, including its most recent
Quarterly Report on Form 10-Q. Forward-looking statements represent
management's current expectations and are inherently uncertain. We do
not undertake any obligation to update forward-looking statements made
ModusLink Global Solutions is a trademark of ModusLink Global
Solutions Inc. All other company names and products are trademarks or
registered trademarks of their respective companies.
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Source: ModusLink Global Solutions Inc.