TNT gets European logistics contract from Johnson & Johnson
TNT Logistics has received a five-year contract from US personal care products maker Johnson & Johnson for the management of a new European distribution centre, TNT said on March 30, 2006. Financial details were not disclosed.
Johnson & Johnson will invest 33 mln euro (USD39.8 mln) in the distribution centre, which will cover an area of 19,000 sq m. The distribution centre will be located near Charleroi, Belgium, and will become operational in the third quarter of 2006. The new centre is expected to create between 120 and 160 jobs until 2008.
