Shannon Group has welcomed the start of a €10 million development by logistics company DB Schenker at Shannon Free Zone East.
DB Schenker has secured a 5.2 acre site for the project from Shannon Commercial Properties, a Shannon Group company.
The company plans to construct a 52,000 sq. ft. facility on the site, which will support their multinational customer base.
Mary Considine, CEO of Shannon Group said it is encouraging to see a major development of this scale.
"We are proud to have played our part in facilitating DB Schenker's €10 million investment on our development land at Shannon Free Zone East.
"This is yet another a very positive announcement for the business community in Shannon and I would like to extend our congratulations to the DB Schenker team," she said.
Gerry Dillon, Shannon Group Property Director said they are happy to welcome DB Schenker, the latest FDI company to have chosen to locate in Shannon Free Zone.
"As a global leader with more than 140 years’ experience of logistics, it is wonderful to see their commitment to invest and grow at Shannon," he said.
The Shannon Free Zone is a business park with a network of over 180 companies employing over 8,000 people from industries including manufacturing, aviation, logistics, bio-pharma, distribution and tech.
