French energy management and automation company Schneider Electric opened a multimillion-dollar logistics hub on Monday, and will invest $110 million in the facility over the next 10 years.
Located at Tuas South near the Tuas Mega Port, the 21,000 sq m hub is about 30 per cent bigger than the company's previous site in Penjuru that was vacated about two weeks ago.
The facility, on the second floor of a four-storey warehouse building, has smart features and employs about 280 people, serving some 400 customers globally.
Mr Stuart Whiting, Senior Vice-President of global supply chain, logistics and planning, said the company decided to relocate because the new site offers more room and fewer restrictions.
The old facility had height curbs and too many pillars, which resulted in space constraints.
"We had been in the former facility for over 10 years, it was an old building. It wasn't economically efficient. We took the opportunity to move, so we could be more sustainable, get more space and create the right working environment where we can optimise energy and the resources we have," he added.
