Cargotec opens facility at Singapore Tukang Innovation Park

CARGOTEC, a Finnish cargo-handling solutions provider, has announced the opening of a new facility at Tukang Innovation Park in western Singapore that comprises of an office, warehouse and workshop within the industrial estate.

Spanning 17,721 square metres over four floors, the new Cargotec facility will accommodate the operations of Cargotec brands Hiab, Kalmar, MacGregor and Bromma.

The new building aims to serve as "a convenient one-stop sales and service centre for its customers in Singapore and around the region," a Cargotec statement said. It will house the company's management serving the Asia-Pacific region, as well as become the company's new regional logistics hub. The building currently accommodates 150 staff.

"This new facility in Singapore brings together the business areas of Cargotec, allowing us to derive greater cost-efficiencies and effectiveness with shared services and use of resources. It will allow our personnel to work together to bring synergy that benefit both Cargotec and our customers," said Cargotec CEO Mikael Makinen.

"The Asia-Pacific region has been identified as our key growth area, accounting already for more than one-third of our total sales last year," he said.

Source: www.schednet.com