Henkel Invests EUR22 Million to Expand Logistic Center in Spain
November 24 2020 - 9:50AM
Dow Jones News
By Giulia Petroni
Henkel AG & Co. KGaA said Tuesday that it has opened a new
warehouse at its production facility in the province of Barcelona,
Spain for a total investment of 22 million euros ($26.1
million).
The German consumer-goods company said a fully automated
laundry-and-home-care warehouse has been opened at the Montornes
del Valles site, which produces more than 200,000 tons of powder
detergents, liquid detergents and adhesives a year.
The logistic center's expansion has been driven by an increase
in domestic production and rising demand for exports to European
countries, Henkel said.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
November 24, 2020 09:35 ET (14:35 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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