With its high bay warehousing, produced using self supporting, highly sophisticated steel profiles and enabling fully digital warehouse management, voestalpine has established itself as an important partner to manufacturing and trading companies around the world. Its projects are wide-ranging and include a warehouse for an online shop run by a well known Austrian food corporation, high tech wine racks for a French wine producer, and a warehouse for a global wholesaler of electrical components in Minnesota. At up to 50 meters in height, the high bay warehouses support fully digital warehouse management. Voestalpine provides a complete service, from planning and engineering to production and assembly.
Europe and Austria, Germany, Hungary, Poland, and France in particular remain an important market for voestalpine. The company has completed five projects for one well known customer in the furniture industry, the latest being the installation of two high bay warehouses in Hungary with space for a total of 210,000 pallets.
Voestalpine warehousing systems are increasingly in demand in North America, with major orders recently received for the construction of enormous freezer warehouses in Indiana and Quebec. One voestalpine prestige project was realized in Thief River Falls in Minnesota for a global wholesaler of electrical components: the high bay warehouse included a total of 966 linear meters of racks which are served by more than 1,000 shuttles during automated operations. A particularly demanding warehouse project involving 28,000 spaces for truck tires and almost 40 meters in height has been completed in Canada. The significant challenges in planning the warehouse included the heightened seismic risk and wind load. The new warehouse system incorporates almost 3,000 tons of steel and is now ready for deliveries to the entire North American market.
Over the past year, the growth in e-commerce around the world has stimulated demand for complex warehouse logistics. Globally, the market for high bay warehousing is currently expanding at an annual rate of 7% to 8%. We are responding to this increase and growing in this segment at a similar rate, if not faster.