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Source: Schneider Electric

Schneider Electric  launches $110m Hub Asia

The new warehouse is expected to increase operational capacity by 30%.

Schneider Electric launched the $110m logistics distribution centre, Hub Asia, to increase its operational capacity. 

Hub Asia spans 21,000 square metres within a multi-storey modern ramp up facility. It is expected to increase Schneider Electric’s operational capacity by 30%

The Hub will also support operations for annual revenue totaling €2b for Schneider Electric. 

Read more: Nanyang Polytechnic, Schneider Electric launch sustainability centre

“The supply chain and logistics industry has undergone a major transformation over the last few years. We are seeing local and global players disrupt traditional practices through smart warehousing, smart trading, smart transportation, and it is crucial for Schneider to stay ahead of the game to serve customers in the region,” Jean-Pascal Tricoire, President, Chairman, and CEO of Schneider Electric, said.

“Hub Asia and its forecasted expansion over the next decade are essential for the continued acceleration of our global operations strategy, especially in East Asia, where the distribution centre will be key to facilitating regional and global distribution of goods.”

 

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