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CEVA enhances Dublin facility with temperature controlled unit


Dublin, Ireland – WEBWIRE

CEVA Logistics, one of the world’s largest supply chain management companies has enhanced its capabilities in Dublin with the introduction of a 15,000 square foot temperature-controlled facility at its Dublin warehouse. The new building has been constructed as an insulated building-within-a-building on the city’s airport industrial park and will allow it to better serve customers with medical products requiring to be kept within a constant temperature range of 15-25 degrees.

“Temperature controlled logistics are an increasingly important part of the Irish export market as life sciences manufacturing continues to grow in the country,” states CEVA’s Managing Director Ireland, Gary O’Connor. “This new addition to our service offering will enable us to store up to 2,100 pallets of medical products within the 15-25 degree temperature range and cater for growing numbers of customer enquiries where temperature-controlled storage is an essential part of their business.”

CEVA is a world leader in the movement of medical devices and equipment which require specialist handling throughout their journey. To further aid the growth of this business, the new Dublin unit also features state-of-the-art air conditioning, heating and cooling technology complete with a Sintra system which provides exceptional levels of clean air by using perforated ducts to diffuse the air within the facility. Having specialist clean room facilities, CEVA can also offer customers additional value-added services including re-kitting and reassembling in a controlled environment.

The transformed facility enables CEVA to provide customers with a 24/7 service for any goods moving through the unit as it is now fully authorized under the HPRA (Health Products Regulatory Authority) Wholesalers Distribution Authorization scheme. In order to receive an authorisation to wholesale medicinal products, a potential authorisation/licence holder must show compliance with the principle of Good Distribution Practice (GDP). Compliance with these principles is decided by the HPRA through regular site inspections.

The next stage of the facility’s development, which now caters to multiple healthcare customers, will be the introduction of on-site pharmacists which will commence by the end of 2017.

CEVA - Making business flow

CEVA Logistics, one of the world’s leading non-asset based supply-chain management companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 41,000 employees in more than 160 countries are dedicated to delivering effective and robust supply-chain solutions across a variety of sectors where CEVA applies its operational expertise to provide best-in-class services across its integrated network. For more information, please visit www.cevalogistics.com.

SAFE HARBOR STATEMENT:

This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Company’s expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2017 and beyond, and the other non-historical statements. These statements can be identified by the use of words such as “believes” “anticipates,” “expects,” “intends,” “plans,” “continues,” “estimates,” “predicts,” “projects,” “forecasts,” and similar expressions. All forward-looking statements are based on management’s current expectations and beliefs only as of the date of this press release and, in addition to the assumptions specifically mentioned in the above paragraphs, there are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the effect of local and national economic, credit and capital market conditions, a downturn in the industries in which we operate (including the automotive industry and the airfreight business), risks associated with the Company’s global operations, fluctuations and increases in fuel prices, the Company’s substantial indebtedness, restrictions contained in its debt agreements and risks that it will be unable to compete effectively. Further information concerning the Company and its business, including factors that potentially could materially affect the Company’s financial results, is contained in the Company’s annual and quarterly reports, available on the Company’s website, which investors are strongly encouraged to review. Should one or more of these risks or uncertainties materialize or the consequences of such a development worsen, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. CEVA disclaims any intention or obliga


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