CNH BREAKS GROUND ON NEW PARTS DEPOT IN CAMERON, MO
LAKE FOREST, Illinois, August 16, 2006 - CNH Case New Holland, a world leader in the agricultural and construction equipment businesses, formally broke ground today on a new state-of-the-art parts distribution center in Cameron, MO. The 500,000-square-foot facility is expected to be completed by early 2007, and fully operational by mid-year 2007. The new CNH parts operation will eventually employ about 150 workers.
"The site was chosen for its proximity to several interstate highways, making it a logistics and transportation hub," David Ferguson, vice president, CNH Parts & Service, North America, said at a groundbreaking ceremony in Cameron.
The facility will serve about 560 CNH Case New Holland dealers in the states of Iowa, Missouri, Kansas, Nebraska, Minnesota, North Dakota, South Dakota, Colorado, Wyoming and Montana. It represents an investment in excess of $30 million and allows for future expansion, according to Ferguson.
Duke Realty Corp., building on a relationship with CNH Case New Holland, is developing the project at Crossroads Corporate Center, about 50 miles northeast of Kansas City, MO.
The new facility will be "large and expandable, which is key to our ability to meet the needs of our customers and dealers moving forward," according to Jim Sharp, president of CNH Parts & Service.
Development in Cameron continues the second phase of a previously announced global plan by CNH Case New Holland to improve dealer and customer service, improve efficiency and reduce overall logistics costs of the company's parts distribution network. In September, 2003, CNH Case New Holland opened a master depot in Lebanon, IN, northwest of Indianapolis. Once the Cameron depot is up and running, the company's parts distribution operations will be handled by 11 facilities in North America.
Duke Realty Corporation specializes in the ownership, construction, development, leasing and management of office, industrial, medical office and retail real estate. It is the largest publicly-traded, vertically-integrated office/industrial real estate company in the United States. The company owns, manages or has under development more than 112 million square feet in 19 major U.S. cities. Duke, which controls 5,000 acres of land for 73 million square feet of future development, also provides nationwide real estate solutions through its national development division.