Fedex to invest $1.54 billion in France to double capacity at Roissy airport

Fedex to invest $1.54 billion in France to double capacity at Roissy airport
 

Package delivery company FedEX Corp said on Tuesday it would invest 1.4 billion euros ($1.54 billion) to double the capacity of its logistics activities at the Charles de Gaulle International Airport in the Paris suburb of Roissy.
The initial investment by the U.S-listed firm will amount to 200 million euros (177 million pounds).
Under the plan, the U.S. group plans to open a new package sorting facility in 2019, creating between 200 and 400 jobs, according to a document handed out during a visit by President Francois Hollande.
The extra 25,000 square metres of space will make FedEx's... read more

 
18 October 2016 in Business, Views: 63
Source: Reuters
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