Press releases are provided by companies as is and have not been edited or checked for accuracy Any queries should be directed to the company issuing the release TGW Logistics completed its 2022/2023 business year on June 30 which designs and realizes automated warehouse solutions was able to increase its revenue to 1.01 billion dollars despite prevailing challenging circumstances Chief Executive Officer Harald Schröpf highlights that: "TGW Logistics' revenue increased by 3.5 percent to 955.8 million euros and our order intake amounts to approximately one billion euros we faced great challenges due to massive cost increases in our international projects and to deteriorated supply chains." Companies in the industries of fashion and apparel and industrial & consumer goods continue to trust in the expertise of the Austrian company such companies included the leading Austrian sporting goods retailer INTERSPORT Sweden's number one grocery retailer ICA and the European online grocery specialist Picnic SLOWED PROCESSES DUE TO THE GROWTH OF RECENT YEARS TGW Logistics has grown significantly in recent years expanding its competencies and securing a spot among the top 10 global warehouse automation companies this growth has also slowed down processes in some areas; therefore the company has kicked off an internal transformation that is meant to strengthen key pillars 20 PERCENT MORE FOR RESEARCH AND DEVELOPMENT The budget for research and development is 50.5 million dollars an increase of roughly 20 percent from last year Particular focus will be placed on robotics Alongside a new research and development structure TGW is also investing more heavily in strategic partnerships such as its collaboration with SAFELOG for mobile robots 148 MILLION DOLLARS FOR THE UPPER AUSTRIA LOCATION TGW Logistics will be expanding its international headquarters in Marchtrenk the warehouse automation specialist is laying the foundation for future growth this expansion is a clear affirmation of the Upper Austrian location and the commitment to the continued successful development of TGW Logistics HARALD SCHRÖPF IS STEPPING DOWN FROM HIS CEO FUNCTION Harald Schröpf has decided to step down from his function as Chief Executive Officer of TGW Logistics during the 2024 calendar year He will remain in this position until the handover to an as-yet undetermined successor "This was anything but an easy decision for me because I care deeply about TGW Logistics Yet this step has been in the works for some time Two years have already passed since I informed our owner of my desire to turn a new page and dedicate more time to my family and private interests The Foundation and I are convinced that this change will give rise to a new dynamic and fresh motivation to continue to pursue and nurture the successful development that we have enjoyed these past years." the revenue of TGW Logistics increased from 657 to 1 billion dollars and the number of employees rose from 2,776 to more than 4,400 HOUSTON (May 1, 2025) – Mitsubishi Logisnext Americas one of the world’s leading manufacturers and providers of material handling today announced the completion of a major expansion at its Houston manufacturing campus with the 73,500-square-foot electrification fabrication facility This milestone marks a significant step in the company’s strategic initiative to grow its footprint in the rapidly expanding electric market The new facility is designed to meet the rising demand for Mitsubishi Logisnext Americas’ Electric Class I and Class II products It is also designed to significantly enhance production capacity and lower manufacturing costs to better serve evolving customer needs “This expansion is a reflection of our continued commitment to innovation and growth,” said Berry Mansfield President of Mitsubishi Logisnext Americas “It took a shared vision to bring this expansion to life This facility not only supports our growth in electrification but also creates a more engaging environment for our employees We’re excited to start production this year.” Construction began with a groundbreaking in August 2023 and was completed in spring 2024 including powder painting and robotic welding equipment culminating in the completion of the new electrification building in 2025 The development aligns with Mitsubishi Logisnext Americas’ long-term strategic goal to grow its warehouse product market share With electric-powered solutions continuing to outpace internal combustion (IC) vehicles in the market this facility strengthens the company’s position for sustained momentum Mitsubishi Logisnext Americas has invested nearly $20 million in the new facility to respond to increasing demand while improving lead times The new facility will help all parties involved by streamlining operations and boosting overall manufacturing efficiency To learn more about Mitsubishi Logisnext Americas and its network of dealers, please visit www.logisnextamericas.com a leading provider of intelligent warehouse automation solutions has appointed Cortney Hunt as Chief Operating Officer Hunt brings over 25 years of leadership in the strategy and implementation of warehouse technologies as an end user ensuring flawless delivery of the company's innovative automation solutions to customers Hunt served in senior leadership roles during his tenure at McLane Company Inc. most recently as Vice President of DC Network and Facilities he has consistently enhanced operational efficiency through the strategic implementation of automation and transportation technologies while building high-performing technical teams to support complex distribution center operations “Adding Cortney to our leadership team brings a genuine customer perspective to our solutions and implementation helping us deliver a better product” said Trew CEO “Cortney will add vast end user experiences to our team and lead driving operational improvements and helping ensure efficiency and alignment across the organization "I am excited to join Trew and further strengthen our position as a trusted partner delivering innovative automation solutions with the highest life-time value to our customers,” said Trew’s new COO “I am very grateful for my time at McLane Company Inc. and I look forward to helping them and our clients thrive.” Hunt holds both bachelor’s and master’s degrees in engineering from the University of Oklahoma He is a certified Lean Six Sigma Black Belt and former member of the University of Mary Hardin-Baylor College of Business Advisory Board makers of a Warehouse Management System (WMS) and AI-Powered Slotting Solution The acquisition will provide a strong technical foundation that enables Fidus to expand beyond equipment control into broader warehouse management accelerating progress to create the industry’s first truly open-architecture automation suite that is poised to revolutionize the future of warehouse automation Fidus will gain key assets from Fulfilld—a WMS system and an AI-powered slotting solution—that accelerate progress toward Fidus’ own open-architecture solutions that aim to provide customers true ownership and long-term control over their warehouse automation technology several key engineers from Fulfilld will join the Fidus team “Our core philosophy at Fidus has always been that technology should adapt to how people work not force people and businesses to adapt to the technology,” remarks Aarron Hale “and now with the integration of sophisticated core assets from Fulfilld we are able to take meaningful steps to create a comprehensive approach that ultimately frees businesses from the limitations of closed vendor-controlled systems across their entire warehouse operation We are excited to welcome our new team members from Fulfilld and plan to make significant strides towards an unrivaled open-architecture Enterprise Control Platform.” Fidus Global is committed to building the industry’s first truly open-architecture Enterprise Control Platform (ECP)—a comprehensive automation suite that will give operators control over every aspect of their material handling ecosystem Fidus Global is a warehouse software solutions firm and a full-service controls engineering firm with a diverse range of expertise that spans across retail Fidus provides clients with exceptional solutions in industrial automation with a team composed of seasoned engineers from leading corporations including Amazon Through the launch of Pontem (Best IT Innovation Award 2025 the industry’s first open architecture Warehouse Control System (WCS) that puts the customer back in control with both flexibility and scalability Fidus Global is reshaping the future of warehouse automation Fidusglobal.com systems and services for supply chain automation technology announced today important changes to the company’s leadership structure to build on an impressive growth history and to continue increasing market share will take on newly created roles on the company’s leadership team to better align the organization around demand generation and operational execution Johnson and Bruner have built Hy-Tek into an industry leader and successfully led multiple acquisitions “We are excited to take on these new roles and contribute to helping accelerate our growth by focusing on the customer and working with a talented group of people The future at Hy-Tek could not be brighter,” said Johnson “The growth of Hy-Tek has been amazing and it has been great to be a part of that We are looking forward to continuing to help shape the future by focusing on mission critical projects while mentoring our future leaders We will continue to push ourselves to operate at an ever-increasing level of high performance.” Using a strategy of organic growth and targeted acquisition Johnson and Bruner have been cornerstones in the exceptional growth of Hy-Tek and have led the Hy-Tek expansion into new services and vertical markets while successfully integrating multiple companies into the market leader Hy-Tek is today Johnson will now become Chief Customer Relations Officer for Hy-Tek Intralogistics Integrated Systems Division for Hy-Tek Material Handling Donnie will focus on strengthening relationships with customers while also mentoring the next generation of sales leaders at Hy-Tek to provide the best solutions for material handing needs Bruner will become Chief Operations Advisor after serving most recently as the Hy-Tek Intralogistics Chief Operating Officer troubleshooting and continuous improvement “Donnie and Mark have been the driving force in our business for many years and are recognized across the industry as leaders partners and friends,” said Hy-Tek Intralogistics CEO Kevin Viravec they will help us strengthen our enterprise account strategy and reach new levels of growth and strategic alignment with our partners We are excited to have them continuing with us on this journey.” Johnson will hand off systems leadership responsibility to Billy Carter Bruner will pass day-to-day operational and execution leadership to Brian Craft who has been promoted to SVP of Operations and will assume responsibility for engineering Johnson and Bruner will immediately begin working with the new senior leadership group on detailed plans to support their respective teams well into the future These moves are expected to increase Hy-Tek market share and customer satisfaction in the software and services sectors of the industry and will utilize cutting-edge technologies to match existing market leading sales design and engineering to produce the most effective one-stop shop for all The two companies are also gearing up for the launch of their first joint product “We are excited about the partnership with GreyOrange It allows enVista to have a single warehouse orchestration system provider to complement our automation and robotic systems integration business GreyOrange has the only warehouse orchestration platform in the market that optimizes independent robotic multi-agents within a facility regardless of the manufacturer,” said Jim Barnes “GreyOrange’s flexibility of integration supports one of enVista’s key differentiators which is to design and integrate automated facilities with any variety of autonomous robots This partnership further enables enVista to provide a unique level of innovation and creativity within our clients’ facilities facility optimization is about balancing the art of possibility with data science to create expansive operational excellence.” GreyOrange’s AI-powered software has enabled dozens of major retailers and logistics providers to embrace automation and ensure every aspect of the fulfillment process runs seamlessly inventory and people in warehouses and retail stores “As global supply chains become increasingly complex and expensive organizations are under growing pressure to automate and optimize their processes GreyMatter and gStore are harnessing the power of AI to perform more than a million optimizations every minute for customers across four continents increase revenue and deliver exceptional customer experiences,” said Akash Gupta “We invited enVista to join our Certified Partner Network based on its proven implementation methodology and decades of expertise as a trusted system integrator We look forward to supporting enVista and its clients with warehouse automation and store solutions powered by our software.” Recently the ÖAMTC Fahrtechnik Zentrum Marchtrenk driver training facility in Marchtrenk Austria held its first ever tractor safety training course for female farmers The training was supported by the Upper Austrian Farmers' Association, the social insurance for the self-employed (SVS), the ÖAMTC Fahrtechnik and CNH Industrial’s STEYR® tractor brand STEYR supplied three tractors for the training courses: a 4120 Multi a 4130 Expert CVT and finally a 6240 Absolut CVT "One can hardly attribute enough importance to the topic of driving safety the high time pressure and often an incorrect assessment of the dangers lead again and again to challenging experiences this training makes a valuable contribution to the safe handling of the tractor," explains Christoph Steinmassl The driving safety training courses include instruction on accident prevention on modern tractor technology and the implementation of practical driving safety training on the road and off-road safety aspects and correct vehicle control in critical situations are specifically addressed The program includes braking and swerving in front of obstacles dexterity exercises and emergency braking on slippery surfaces participants can experience extreme situations in a protected setting in order to be safe with the tractor in daily operation," explains Mag "Dealing with powerful tractors and large attachments or trailers carries a certain risk the training by professional instructors teaches how you can act and react to situations We know that on Austrian farms not only the farmers but also many female farmers are on the move with the machines and achieve great things The fact that female farmers were specifically addressed for the courses from 11 to 13 April is only the first step – further dates such as these will follow," says Gunnar Hauser CNHCNHCNH Industrial (NYSE: CNH) is a world-class equipment Driven by its purpose of Breaking New Ground the Company provides the strategic direction and investments that enable the success of its global and regional Brands Case IH and New Holland supply 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment deliver a full lineup of construction products that make the industry more productive The Company’s regionally focused Brands include: STEYR precision technology and the development of autonomous systems; Hemisphere a leading designer and manufacturer of high-precision satellite-based positioning specializing in tillage and seeding systems; Miller manufacturing application equipment; and Eurocomach producing a wide range of mini and midi excavators for the construction sector Across a history spanning over two centuries CNH has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success CNH’s 35,000+ employees form part of a diverse and inclusive workplace For more information and the latest financial and sustainability reports visit: cnh.com  For news from CNH and its Brands visit: media.cnh.com  More from CNH In support of its on-going growth strategy TGW Logistics Group is expanding its head office in Wels As a leading systems provider of intralogistics solutions the company sought larger premises and purchased a 75,000 sq m site in the neighbouring community of Marchtrenk where a new office building and production facility will be built The building will be representative of the company philosophy with photovoltaic and solar energy being used to produce and optimise energy efficiencies “It will be a low-energy house for our business,” explains Peter Knoll Managing Director at TGW Mechanics in Wels “A new showroom will also enable us to show our technologies to our customers and host events in an appropriate setting the new site will be equipped with an employee restaurant for the 600 colleagues who will work there on a daily basis.” Logistics Business © 2025 All Rights Reserved. | Privacy | Terms | Site Map Subscribe to our quarterly magazine and weekly newsletter to stay updated with the logistics industry By submitting this form you agree that the personal data you provided will be transferred to Logistics Business for processing in accordance with our Privacy Policy