Liebherr buys 119 acres in the US to construct logistics centre
24 July 2024
Liebherr, the German-based construction equipment manufacturer, said it acquired nearly 119 acres (48 hectares) of land in Tupelo, Mississippi, US, on which it plans to construct a new spare parts logistics centre.
The Liebherr-Logistics GmbH facility in Oberopfingen, Germany. (Image: Liebherr)
The investment into a logistics centre will be in service of North and South American markets, Liebherr said.
The company expected 180 jobs to result from the construction of the new campus, 鈥渨here various business units from different product segments of the company will operate in the future.鈥
However, as many as 300 new jobs could eventually be created in 鈥渢he long run鈥.
The acquisition, Liebherr said, is just the first step in an overall US$200-million investment.
鈥淚n addition to the continental logistics centre, the Liebherr Group plans to establish additional facilities for various Liebherr companies and offer additional services on the acquired site in the future,鈥 said the company. 鈥淭he planned buildings will be used to render services and produce innovative products, meeting the highest technological standards.鈥
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