US-Based Distributor Smith to Continue Expansion in the Netherlands
Major multinational is eager to relocate distribution center in growing tech hotspot
Smith, a U.S.-based global distributor of electronic components and semiconductors, recently announced the relocation of its European distribution center. The new sales office and distribution center are in Amsterdam. At 30,000-square-feet, the distribution center has operational space to support customers’ varied inventory management needs.
“The Netherlands is a vibrant part of Europe’s tech scene, and our new sales and operational locations put us right in the middle of the growth,” said Mark Bollinger, Smith’s Chief Globalization Officer. “We’re excited to keep expanding in this region, strengthen Smith’s European presence, and work closely with current and new local partners to deliver the tailored service and procurement they need to succeed.”
Part of Holland’s tech sector
Each of Smith’s new locations will allow the company to expand in a rapidly growing tech hot spot. The Netherlands’ strong presence in various industries, such as IT, high-tech and logistics, constitute a strategic location for Smith’s operations. The multinational company first invested in Holland in late 2017, when it relocated its European headquarters to Amsterdam. Thus, the relocation of Smith’s sales office and distribution center will mark the completion of its two-part relocation to the Netherlands.
Source: Smith24 July 2018