The FINANCIAL — Novo Nordisk just announced that the company is investing 500 million Danish kroner in a new 19,000 m2 warehouse in Hillerød, Denmark.
The warehouse will handle all inbound raw materials for Novo Nordisk’s production in Denmark and will have a capacity of around 17,000 pallets, according to Novo Nordisk.
Novo Nordisk’s site in Hillerød currently has about 1,900 employees and 70 employees will work in the warehouse.
“The investment in Hillerød underpins our long-term plans to invest in Denmark. Hillerød is a strategic site in Novo Nordisk and we’re consolidating our inbound flow of materials at this site,” said Susanne Hundsbæk-Pedersen, senior vice president of Devices & Supply Chain Management, Novo Nordisk.
Groundbreaking will take place today, 3 September, and the warehouse is expected to be fully operational end 2017.