Ground-Breaking Occurs For New Logistics Center

For immediate release

March 2022; Spelle, Germany

For more information contact: Jillian Helgeson…. jillian.helgeson@krone-na.com

Preliminary work on the construction of the new Krone Parts and Logistics Center in Spelle has begun with the erection of a fence and the removal of topsoil. Krone is constructing a state-of-the-art parts warehouse with a logistics center and offices on approximately 20 acres on the south entrance to Spelle. The new Krone Parts and Logistics Center is expected to be operational by the end of 2023 at a cost of around 40 million euros.

Bernard Krone, Chair of the Krone Holding Supervisory Board, commented as follows: “At the start of the year we received the first partial building permit, and the project is now progressing according to plan. Of course, during the last few days, we have questioned whether we should go ahead with this investment in these politically uncertain times; but we have decided to continue on the grounds that both the political crisis and the pandemic serve as a clear reminder to us of the importance of securing domestic food supplies. Farming and agricultural machinery are plainly indispensable. But in addition to powerful and efficient machines, professional farmers and contractors also need access to a premium and ultrafast parts supply.  This construction helps us to address these challenges and position ourselves as a sustainable, long-term reliable partner for our customers.”