COLOGNE/BONN, March 25, 2014 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) has celebrated the official opening of a $200million expansion of its European air hub facilities atCologne/Bonn Airport in Germany that will continue to serve asEurope's window into the world of international trade and export.The expansion, which took two years to construct and has alreadycreated an additional 200 jobs, constitutes one of UPS's largestfacility investments in the company's history and cements itsposition as the largest employer at the airport with more than2,500 employees today.
The expansion equips the existing facility with additionalstate-of-the-art technology and includes a building extension thatis partially dedicated to processing larger express freightshipments. The Cologne/Bonn facility serves as aninternational logistics hub for both major multi-nationals as wellas small and medium-sized enterprises (SMEs) in Europe wishing totap into UPS's world-class trading network."The Cologne/Bonn hub is our flagship facility in Europe andcontinues to serve us and the needs of our customers well," saidMiller. "Our strategic investment in Germany, one of the world'stop exporters, underscores our commitment to the European economy.This is part of a long-term strategy to help our customerssuccessfully compete and do business on the important trading laneswithin Europe and linking Europe to North America and Asia in anera when free trade agreements on the horizon promise growth forcompanies large and small." As an early investor in European operations with Germany as itshub, UPS has enjoyed great success in Europe with solid exportvolume growth over the past decade. With the Cologne hub expansionin place, UPS can reliably connect the world to Europe and Europeto the world like never before and has positioned itself forcontinued growth in its international express business. ### About UPS UPS (NYSE:UPS) is a global leader in logistics, offering a broadrange of solutions including the transportation of packages andfreight, the facilitation of international trade, and thedeployment of advanced technology to more efficiently manage theworld of business. Headquartered in Atlanta, USA, UPS serves morethan 220 countries and territories worldwide. The company can befound on the Web at www.UPS.comand its corporate blog can be found at blog.ups.com. To get UPSnews 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