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Honold – Logistics is green and LTS founds joint venture for aerospace logistics
Growth with over 150 people planned in Augsburg
28.07.2017 Augsburg / Neu-Ulm / Nordenham. Honold – “Logistics is green” has founded a 50% joint venture with LTS, Nordenham for the logistics processing in the aerospace / defense business area in Augsburg / Bavaria. The 50% joint venture will invest over € 14 million at the Augsburg site and will hire 150 new employees. The client is the Airbus subsidiary Premium AEROTEC. The Augsburg site, with around 4,000 employees in four sub-plants, is one of the world’s largest suppliers of large parts for Airbus. In particular, the portfolio includes the manufacture and assembly of fuselage sections and highly loaded structural components for civil and military aircraft programs. The logistics will be carried out in the future in a new logistics center on approx. 17,000 square meters, which will be built by the client.
The joint venture will i.a. invest in one of the most modern automatic container storage of the Austrian manufacturer TGW. The container warehouse is installed as a technical innovation, directly in SAP EWM with SAP MFS, without any other material flow computer. The logistics will take care of the production supply (Just in Sequence), the internal plant logistics as well as the provision for the distribution to the European works of the client. The project places the highest demands on quality and reliability. Both companies are already active in the aerospace environment for customers in the aerospace and defense sector. The joint venture bundles the know-how of both medium-sized companies for this project. Both partners are owner-managed family businesses and have a partnership. Both companies have been involved for many years in Augsburg. Further information will be published later in a press conference.
Honold – logistics is green: development of logistics real estate, logistics and transport. Ecologically oriented logistics in the SAP environment with the claim to be a technological benchmark. 1,200 employees, more than 750,000 square meters at 22 locations. Green, as a signal color, is a sustainable way of dealing with nature and technical competence. Honold is 100% family run. Honold invested over € 35 million in logistics in 2016.
LTS, Nordenham is an owner-managed technology company within the Nordenham A & T group and operates in the wind energy, aviation, energy, equipment and jig industries. In the own development and construction extensive projects are processed. Another focal point of the company’s activities is plant logistics for customers in the high-tech and aviation industries. LTS, Nordenham, is 50% owned by WISAG AG. WISAG AG is a leading German industrial service provider.
Heiner Matthias Honold