GÖTEBORG, Sweden--(BUSINESS WIRE)--With hundreds in attendance, the Volvo Group (STO:VOLVA)(STO:VOLVB) today celebrated the inauguration of its new one million square-foot Central Distribution Center (CDC) in Byhalia, Mississippi. The $70 million state-of-the-art facility supports the company’s Mack and Volvo truck brands, as well as Volvo Construction Equipment and Volvo Penta.
Located 25 miles southeast of Memphis, Tennessee, the new CDC represents another major investment in North America by the Volvo Group and employs 250 people. The facility is based near major transportation hubs and infrastructure, thus improving delivery performance and efficiency for dealers and customers.
“The Volvo Group is pleased to officially open its new Central Distribution Center in Byhalia,” said Christer Svärd, senior vice president of Volvo Group Logistics Services. “The new facility represents the hard work and dedication of our community leaders, employees of the new facility and the Volvo Group. The CDC will enable us to more efficiently handle an increased volume of parts distribution, while also significantly improving customer service.”
The CDC was designed to showcase the industry’s best logistics technologies and lean processes within a sustainable and environmentally conscious shell. The orientation of the facility was set to maximize natural daylight throughout the day and reduce energy consumption. Energy usage is kept minimal through the use of innovative building materials, state-of-the-art LED lighting and a comprehensive building automation system. Built in just over six months, the facility is now fully operational.
The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 100,000 people, has production facilities in 19 countries and sells its products in more than 190 markets. In 2014, the Volvo Group’s sales amounted to about $38.2 billion. The Volvo Group is a publicly-held company headquartered in Gothenburg, Sweden. Volvo shares are listed on Nasdaq Stockholm and are traded OTC in the U.S. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone.
June 30, 2015
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