DHL invests $47 million to expand Americas Hub at Cincinnati / Northern Kentucky Airport

DHL, the world's leading logistics company, announced today it is investing US $47 million to expand its Americas hub facility at the Cincinnati / Northern Kentucky airport (CVG) to meet the growing demands of international shipping customers. The expansion will deliver a new 193,000 square-foot sort facility and create approximately 280 new jobs at the DHL CVG hub over the next 12 months.

Kentucky Governor Steve Beshear and Lt. Governor Jerry Abramson joined DHL Express Regional CEO Stephen Fenwick, U.S. and regional managers, employees and members of the Kenton County Airport Board today to mark the occasion with a groundbreaking ceremony at the Cincinnati hub.

"Our multi-million dollar expansion builds upon DHL's commitment to the U.S. market and our longstanding investment in the CVG hub, which is an integral part of our Americas network," said Fenwick. "This expansion will provide the additional infrastructure and efficiency needed to handle the continued growth in international shipments that we're seeing in this region."

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"Since DHL first opened a facility at CVG in 1983, it has been a great partner to the State of Kentucky and Boone County," Kentucky Governor Steve Beshear said. "We are pleased that DHL continues to invest in our state, and we will be working closely with the company to facilitate its growth and to create good paying jobs."

The groundbreaking marks the beginning of construction of a 193,000 square foot sort facility connected to the existing main sort facility at CVG. The new sort building is expected to be operational by November 2012, while other improvements to existing buildings and the purchase of material handling equipment will be completed by March 2013.

"This investment in Cincinnati and continued shipment growth we are experiencing is a result of the great service quality being delivered by the DHL global network where the CVG hub and the employees here play such a critical role," said Travis Cobb, vice president for U.S. network operations.

The CVG hub connects the United States to a global network spanning Asia, Europe and the Americas. Processing more than two million international shipments a month, the CVG hub handles shipments bound for the U.S., Canada, Mexico and Latin America, and connects over 100 service centers and five international gateways in the US to over 220 countries around the world.

With this current expansion, DHL will have invested $105 million in its CVG hub since establishing its U.S. international hub at the Cincinnati / Northern Kentucky airport in 2009. Staffing has also grown, from 1,600 in late 2009 to approximately 2,000 currently. It is scheduled to expand to nearly 2,300 over the next 12 months and beyond.