Culemborg, the Netherlands, 16 July 2015 – CEVA Logistics, one of the world’s leading supply chain companies, has today announced the opening of a global distribution center for industrial spare parts, consisting of warehousing space of 12,000 sq m and a yard of 10,000 sq m in Born, the Netherlands.
The new center features 28,000 bin locations and 3,000 sq m floor storage in the warehouse and a yard of 4,000 racking locations and 4,500 sq m floor storage. The location offers full service, including inbound unloading, receipt and put away; outbound picking, packing and loading, and quality inspection.
Centrally located in Europe, ideal for European distribution, CEVA will send a variety of parts to end customers and also to replenish local distribution centers worldwide. The site is located within an industrial estate, which has excellent transport links to both Air and Ocean ports, and road, rail and barge, with the potential for expansion inside and out.
This new location is near the existing CEVA multi user site in Born which caters to several sectors. In total, CEVA’s workforce in Born totals approximately 100. CEVA’s multi user facilities provide customers with sector-specific expertise, as well as cost, efficiency and technology benefits through sharing the costs of health and safety, day-to-day operations and other associated operating costs.
"We are very proud to add another global spare parts facility and additional companies to our customer base. It emphasizes our expertise in the spare parts business as well as our capability to provide global coverage for multinational companies. We are committed to providing our customers the benefit of our years of industry best practices," said Bart Beeks, Managing Director in the Benelux.
For more information contact:
Marie-Claire van Mourik
+31 345 545347
CEVA - Making business flow
CEVA Logistics, one of the world’s leading non-asset based supply-chain management companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 42,000 employees in more than 170 countries are dedicated to delivering effective and robust supply-chain solutions across a variety of sectors where CEVA applies its operational expertise to provide best-in-class services across its integrated network. For more information, please visit www.cevalogistics.com.
SAFE HARBOR STATEMENT:
This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Company’s expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2015 and beyond, and the other non-historical statements. These statements can be identified by the use of words such as “believes” “anticipates,” “expects,” “intends,” “plans,” “continues,” “estimates,” “predicts,” “projects,” “forecasts,” and similar expressions. All forward-looking statements are based on management’s current expectations and beliefs only as of the date of this press release and, in addition to the assumptions specifically mentioned in the above paragraphs, there are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the effect of local and national economic, credit and capital market conditions, a downturn in the industries in which we operate (including the automotive industry and the airfreight business), risks associated with the Company’s global operations, fluctuations and increases in fuel prices, the Company’s substantial indebtedness, restrictions contained in its debt agreements and risks that it will be unable to compete effectively. Further information concerning the Company and its business, including factors that potentially could materially affect the Company’s financial results, is contained in the Company’s annual and quarterly reports, available on the Company’s website, which investors are strongly encouraged to review. Should one or more of these risks or uncertainties materialize or the consequences of such a development worsen, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.