UPS Makes Largest-Ever Investment In France With $100 Million Advanced Technology Paris Hub
- 30,000 m2 facility in Corbeil-Essonnes/Évry spans four soccer fields, signals UPS’s confidence in French economy & growing cross-border trade;
- Advanced technology Paris Hub is part of UPS’s ongoing $2 billion investment plan through 2019 to enhance its European network;
- Highly efficient tech-enabled building placed at strategic point in UPS’s smart global logistics network.
Today UPS® (NYSE: UPS) officially opened a new 30,000-square-meter, advanced technology package sorting and delivery hub outside Paris in Corbeil-Essonnes/Évry. The French Minister of Transportation, Elisabeth Borne, the mayors of both Corbeil-Essonnes and Évry, and other dignitaries attended the opening ceremony. The new Paris Hub facility, which employs nearly 1000 people, facilitates cross-border trade and enhances package delivery service in the Île-de-France area.
“This $100 million advanced technology facility spans four soccer fields. And it’s the single biggest investment UPS has ever made in France,” said Nando Cesarone, president of UPS International. “With modernization and growth initiatives like this new Paris Hub, UPS is helping businesses in Europe – small and large – connect with customers faster and with greater efficiency. Placed at a strategic point in Europe, the building is as modern as it is efficient. UPS’s enhancements to its European network combined with leading technology help us plug France into the global trade arena. We are especially grateful for the business-minded support from the government partners who share our growth-oriented view of France’s role in international trade.”
The building is equipped with advanced technology, automated sorting equipment and has the potential to sort up to 37,000 packages per hour, which is more than twice the capacity of the two facilities in Chilly-Mazarin and Savigny that it replaces.
French Minister for Transport Elisabeth Borne, present, said:
“This exceptional investment, UPS’s largest ever in France, is a sign of confidence: the attractiveness of France and its place in global trade also extends to our capacity in the logistics sector. This is a crucial issue for the government, which is acting with resolve to build a logistics sector for our country that is greener, better connected, better organized, and that can rely on an outstanding infrastructure network.”
The new $100 million facility is a part of the company’s multi-year, $2 billion European investment plan, which aims to modernize and expand the UPS network across the continent. Since 2015, UPS has invested in new hubs in Lyon and Montpellier, a new facility in Dijon and a combined package center/UPS France headquarters in Paris. Better connecting France to UPS’s enhanced European network offers customers in Asia Pacific, Latin America and the Indian Sub-continent, Middle East and Africa attractive access to European markets.
“UPS has been serving French businesses for more than thirty years. This new Paris Hub facility improves efficiency and service for our customers. Last quarter, we grew our export volume in France by over 10% thanks to an increasingly cross-border business,” said Rob Burrows, country manager, UPS France. “With advanced, automated sorting technology, Paris Hub is part of our national network of nearly sixty facilities that connects French businesses to their customers across UPS’s enhanced European network - and around the world.”
As part of its transformation strategy, UPS is prioritizing resources and directing investment for the greatest strategic benefit and long-term shareholder return. Early in 2017, the company announced plans for extensive upgrades to its smart global logistics network, enhancing capacity and efficiency through the use of state-of-the-art processes, information technology and automation.
UPS has been offering services in France since 1985 and established its own operations in 1988. The company currently has 56 operating facilities in France, has a fleet of more than 800 delivery vehicles, and serves six airports – Bordeaux, Lyon, Marseille, Paris-Roissy, Rennes and Toulouse.
UPS (NYSE: UPS), one of the world’s largest package delivery companies with 2019 revenue of $74 billion, provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. The company’s more than 500,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to being a steward of the environment and positively contributing to the communities we serve around the world. UPS also takes a strong and unwavering stance in support of diversity, equity and inclusion. The company can be found on the Internet at www.ups.com, with more information at www.pressroom.ups.com and www.investors.ups.com.
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