Electrical company WAGO expands logistics center
The electrical company WAGO is further expanding its site in Sondershausen. More than 50 million euros will be invested in a new logistics center, the company, headquartered in Minden in North Rhine-Westphalia, announced on Friday at the laying of the foundation stone.
Since 1999, the WAGO site in Thuringia has not only been a production plant for electrical materials, among other things, but also a hub for worldwide shipping within the group with an annual turnover of more than 1.3 billion euros last year. More than 1000 people are employed in Sondershausen.
The logistics center is currently the largest investment in the group, which employs around 9,000 people and manufactures connectors and terminal blocks as well as automation technology. On an area of 11,000 square meters, a high-bay warehouse with a highly automated picking and storage area as well as 2000 square meters of office space will be built in Sondershausen.
WAGO is one of the largest employers in northern Thuringia. The company started in the region at the beginning of the 1990s. According to the company, around 200 million euros have been invested in the Thuringian site over the past 30 years.
The company, WAGO, is investing over 50 million euros in its electric logistics center, expanding its operations in Sondershausen. This new logistics center will serve as a hub for worldwide shipping within the group, further boosting the company's annual turnover.
Source: www.dpa.com
