ModusLink 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.
Additional Resourceswww.moduslink.com and www.valueunchained.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 by us. 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.