Tuesday, June 24, 2014

Soilbuild wins $39 mil contract to build warehouse for Pepperl+Fuchs

Soilbuild Construction Group announced that its wholly-owned subsidiary, Soil-Build (Pte.) Ltd., has won a $38.6 million contract by Pepperl+Fuchs (Mfg) to construct a global distribution centre.

Located at Pioneer Turn, the proposed building will be a five-storey fully automated high-tech warehouse, logistics and office building.

Pepperl+Fuchs is a leading developer and manufacturer of electronic sensors and intrinsic safety components for the global automation market. Headquartered in Mannheim, Germany, it has more than 80 foreign subsidiaries on six continents with manufacturing facilities in Germany, Hungary, Czech Republic, UK, Singapore, Indonesia, Vietnam and USA.

In 2013, Pepperl+Fuchs had 5,600 employees all over the world and generated a consolidated turnover of € 500 million. Pepperl+Fuchs currently has an existing manufacturing facility at Ayer Rajah Crescent and a warehouse at Pasir Panjang, but is looking to expand its facilities with this new construction to strengthen its presence in Asia-Pacific.

Soilbuild said construction project will start in June 2014 and is expected to complete by the third quarter of 2015. This updates the group’s order book to $531.5 million to date.

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