New location will support the company's growing European
customer base, with same-day and next-day deliveries by the end of
2024
FRANKFURT, Germany, Nov. 14,
2022 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq:
TXN) today announced plans to open a new, state-of-the art product
distribution center (PDC) in Frankfurt,
Germany, by the end of 2024. The new PDC will expand the
company's European footprint and enable faster deliveries to TI's
growing customer base there.
"We are excited to expand our European presence in Frankfurt, as it offers a centralized location
with proximity to key customers and our company's European
headquarters in Freising, Germany," said Stefan
Bruder, president of Texas Instruments Europe. "Frankfurt's key role as a logistics hub will
mean faster deliveries to our European customers who are moving
quickly to bring leading-edge products to the market."
This Frankfurt location, near
many of TI's industrial and automotive customers, will enable
same-day delivery in central Germany and next-day delivery capabilities to
most European-based customers. The Frankfurt site will pack and ship a broad
range of TI technologies to support customers across Europe.
TI has been operating in Europe
since 1956, with a strong, local presence that includes a 200-mm
wafer fab in Freising, research and development teams, as well as
more than 32 sales offices in 18 different European countries.
TI.com provides transactions in four local currencies (pounds
sterling, euros, Norwegian kroner and Swiss francs) as well as U.S.
dollars for easy purchasing to get customers the parts they need,
when and where they need them.
"Expanding in Frankfurt is a
logical extension of TI's presence in Europe and an important investment in our
customers, providing them with even better service and support for
decades to come," Bruder said.
About Texas Instruments
Texas Instruments Incorporated
(Nasdaq: TXN) is a global semiconductor company that designs,
manufactures, tests and sells analog and embedded processing chips
for markets such as industrial, automotive, personal electronics,
communications equipment and enterprise systems. Our passion to
create a better world by making electronics more affordable through
semiconductors is alive today, as each generation of innovation
builds upon the last to make our technology smaller, more
efficient, more reliable and more affordable – making it possible
for semiconductors to go into electronics everywhere. We think of
this as Engineering Progress. It's what we do and have been doing
for decades. Learn more at TI.com.
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