COLOGNE/BONN, March 25, 2014 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) has celebrated the official opening of a $200 million expansion of its European air hub facilities at Cologne/Bonn Airport in Germany that will continue to serve as Europe's window into the world of international trade and export. The expansion, which took two years to construct and has already created an additional 200 jobs, constitutes one of UPS's largest facility investments in the company's history and cements its position as the largest employer at the airport with more than 2,500 employees today.
The expansion equips the existing facility with additional state-of-the-art technology and includes a building extension that is partially dedicated to processing larger express freight shipments. The Cologne/Bonn facility serves as an international logistics hub for both major multi-nationals as well as small and medium-sized enterprises (SMEs) in Europe wishing to tap into UPS's world-class trading network."The Cologne/Bonn hub is our flagship facility in Europe and continues to serve us and the needs of our customers well," said Miller. "Our strategic investment in Germany, one of the world's top exporters, underscores our commitment to the European economy. This is part of a long-term strategy to help our customers successfully compete and do business on the important trading lanes within Europe and linking Europe to North America and Asia in an era when free trade agreements on the horizon promise growth for companies large and small." As an early investor in European operations with Germany as its hub, UPS has enjoyed great success in Europe with solid export volume growth over the past decade. With the Cologne hub expansion in place, UPS can reliably connect the world to Europe and Europe to the world like never before and has positioned itself for continued growth in its international express business. ### About UPS UPS (NYSE:UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight, the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, USA, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at www.UPS.com and its corporate blog can be found at blog.ups.com. To get UPS news direct, visit www.pressroom.ups.com . A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=24340
CONTACT: Carsten Helssen, UPS Europe Public Relations email@example.com +32 2 7769832