Cargotec opens Asia gateway

The 17,721 sq m facility will act as a one-stop sales and service centre for customers in Singapore and the surrounding region. It will accommodate operations for Cargotec’s Kalmar, Hiab and MacGregor brands.

The facility houses more than 150 employees, and is fitted with state-of-the-art equipment to provide quality service support and warehousing, Cargotec said. It has also been designed to allow further expansion over the next 10-15 years.

Tukang Innovation Park has recently been rebranded as part of JTC Corporation’s efforts to revive old industrial estates and modernise infrastructure to meet the needs of higher value-added activities, in line with the Singapore Economic Development Board’s cluster development and promotion plan. Cargotec is one of the first companies to set up an office, warehouse and workshop facility at Tukang Innovation Park.

Lim Hwee Hua, minister in Prime Minister’s office, second minister for finance and transport, opened the new facility, and said: “We congratulate Cargotec on the opening of its new building, which will house its management serving the Asia-Pacific region, as well as the company’s new regional logistics hub.

“The investment is a milestone development and builds on the strong Cargotec-Singapore partnership which spans over three decades. Cargotec’s expanding base is a strong endorsement of our position as a global maritime hub.”

“This new facility in Singapore brings together the business areas of Cargotec, allowing us to derive greater cost-efficiencies and effectiveness with shared services and use of resources,” said Mikael Mäkinen, president and CEO, Cargotec Corporation.

“It will allow our personnel to work together to bring synergy effects that benefit both Cargotec and our customers.”

Mäkinen added that Cargotec sees Asia-Pacific as a key growth market, with the region accounting for one-third of its total sales in 2009. “As a global business hub, Singapore is perfectly located for further growing our presence in the Asia-Pacific region, and in strengthening partnership with our customers throughout the whole cargo handling process.”