Japanese SMC Corporation acquired 2, 2 ha plot in the industrial park Greenstate
YIT St. Petersburg and SMC Pneumatic, a subsidiary of SMC Corporation, entered into an agreement for a parcel in Greenstate industrial park, Leningrad Region, to build a manufacturing and logistics hub for the company.
The site is 21,900 sq. m. in size. SMC Pneumatic LLC plans to build here the SMC Russia's head office with a logistics center and manufacturing facilities, to increase the share of the company's products in the Russian market. Next year the company plans to start the design work.
The site located within Greenstate industrial park features all necessary utilities and communication infrastructure. With a new facility in the area, the investor will be able to place a stronger focus on the company's core business to successfully implement the investment project.