(SUWON=NEWSIS) Mercedes-Benz, a world-class car manufacturer, completed the construction of a parts logistics center in the City of Anseong, Gyeonggi Province, July 10.

Mercedes-Benz held a completion ceremony for the parts logistics center (18,300 ㎡) on the same day in Anseong.

Mercedes-Benz will be able to supply 30,000 auto parts to 59 automobile and commercial vehicle centers in Korea.

The parts logistics center is the company’s first investment since the declaration of the “Korea 2020” vision and a total of KRW 52 billion was invested over the last year.

Mercedes-Benz announced last year that it will invest KRW 100 billion for three years to develop a parts logistics center, a training center and an R&D center and create a social contribution fund.

Daimler AG, established in 1886, is the parent company of Mercedes-Benz and records annual sales of KRW 160 trillion. It invented the automobile.

Mercedes-Benz Korea, launched in January of 2003, is becoming one of the three major car companies in Korea. "We will enhance the safety and service quality of our automobiles through the state-of-the-art system and devices of the center. We will make the best use of the highly qualified and skilled manpower of Gyeonggi Province to make the region a parts logistics hub of Korea,” said Kyu-sang Cho, Head of Service & Parts for Mercedes-Benz Korea. “We hope Mercedes-Benz, the leading foreign car manufacturer in Korea, will work closely with local companies to increase outsourcing and technology cooperation to ensure aftermarket service and reduce logistics costs,” said Park Soo-young, Vice Governor of Gyeonggi Province.

jayoo2000@newsis.com

Source Text

Source: Newsis (July. 10, 2014)

** This article was translated from the Korean.