MANUFACTURER Techtronic Industries has committed to a $188m state-of-the-art distribution facility at Australia’s first industrial community, The YARDS, in Kemps Creek, Western Sydney.
The YARDS is a new $1bn premium industrial precinct under development by Frasers Property Industrial, Aware Super and Altis Property Partners.
TTI’s deal at The YARDS marks the first major pre-commitment in the wider Mamre Road Precinct, an 850-hectare of land recently fast-tracked for industrial development by the NSW government.
TTI provides power tools, accessories, hand tools, outdoor power equipment and floor care products, with brands such as Milwaukee, Ryobi, AEG and Hoover. The company will consolidate its two existing facilities in NSW into a 73,920-square-metre distribution centre at the strategically located industrial precinct.
Grant Edhouse, CFO and COO for TTI Australia & New Zealand said, “We are continuing to expand rapidly and need a new facility to support our future growth.
“By consolidating our existing sites into this new state-of-the-art distribution centre, we will be able to meet our future needs, while optimising our supply chain to the benefit of our retail partners and end users of our products.”
Key features at TTI’s new distribution facility will include a goods-to-person automated mini shuttle system, Very Narrow Aisle racking storage, drive-around truck access and numerous sustainability measures. The facility is targeting a Green Building Council of Australia 6-Star Green Star rating.
The YARDS will also provide TTI’s employees with access to new leading retail and health and wellness amenities onsite, including public sporting fields, a cycle track and healthy food and beverage offerings.
Ian Barter, general manager Northern Region at Frasers Property Industrial said, “This is the third facility that TTI has transacted with Frasers Property Industrial to date and we’re looking forward to continuing the relationship and seeing their business grow at their new distribution facility”.
TMX secured the 10-year lease term for TTI after undertaking an operational review of TTI’s existing operations, designing the future facility and procuring the property solution and internal fit out.
TMX will now manage the delivery of the new purpose-built solution through to operations.