Corning Incorporated (NYSE:GLW) Expands on Business Park Amsterdam Osdorp

  14 July 2016  |    News

Corning Incorporated plans to expand its existing European Life Sciences distribution center on Business Park Amsterdam Osdorp. From the site operated on the industrial estate in Amsterdam Nieuw-West Corning supplies its customers in the Life Science industry with high quality and innovative products that are used for amongst others medical research. It is expected that the developer and investor, HVBM Vastgoed BV, will complete the new building by the end of 2016.

Corning has operated in Business Park Amsterdam Osdorp since 2009. The expansion will take place on a 2.5 ha plot opposite the existing site. Corning’s Life Sciences division develops, manufactures, and sells innovative consumables and equipment used in laboratories worldwide, particularly for applications in cell biology, molecular biology and microbiology. From its location in Nieuw-West, Corning handles the distribution of these products to customers in EMEA (Europe, Middle East & Africa).

Good for Nieuw-West
Achmed Baâdoud, chairman of Amsterdam’s largest district council Nieuw-West: “We are in Nieuw-West delighted with this expansion. It’s good to see that Business Park Amsterdam Osdorp is strengthened as a location for this kind of international activity. And that the added value of the position of this location near Schiphol Airport and Amsterdam are starting to pay off. This expansion is also important for employment in Nieuw-West.”

Doing business in the city in an international setting
Business Park Amsterdam Osdorp is a business park of the future. Ten minutes from Schiphol Airport and Amsterdam. An area in a green environment for airport-related logistics enterprises and small urban businesses and facilities. The business park is approximately twenty hectares and located in Amsterdam Nieuw-West. Currently, there are about twenty companies located on the business park including McDonalds, Taylor Guitars, Focus Amsterdam, Sanquin Blood Supply, Corning Life Sciences, a dozen local businesses and soon, the China Center Hotel and the fashion company No Excess.
Regional area developer SADC and Amsterdam City Council co-develop the business park together.