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Stock impact report

Daikin and GXO Announce Opening of New Midlands Warehouse

GXO Logistics, Inc. (GXO) 
Company Research Source: GlobeNewswire
£4 million investment in new facility Daikin continues to grow with GXO’s flexible logistics solution 17-year partnership continues to expand LONDON, U.K., April 17, 2024 (GLOBE NEWSWIRE) -- Daikin, a renowned leader in the heating, cooling and ventilation industry, has announced the opening and commencement of outbound deliveries from its new Midlands warehouse in Daventry, in partnership with its logistics partner GXO, the world’s largest pure-play contract logistics provider.   Located in the heart of the U.K. logistics “golden triangle” in the Midlands, Daikin, together with GXO, one of the U.K. and Ireland’s leading logistics and transportation partners, have jointly invested over £4 million to consolidate their operations into one facility. The move provides a future-ready fit out of a 240,000-square-foot warehouse that will exclusively serve Daikin in the U.K. for all products and spares. The full transition from the current operatio Show less Read more
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