The 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. 15, 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 IT's growing customer base there.
"We are delighted to expand our European presence in Frankfurt, as it offers a centralized location with close 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 fast to bring cutting-edge products to market."
This location in Frankfurt, close to many of TI's automotive and industrial customers, will enable same-day delivery to central Germany and next-day delivery capability to most European-based customers. The Frankfurt headquarters will package and ship a wide range of IT technologies to support customers across Europe.
TI has been operating in Europe since 1956, with a strong local presence including a 200mm wafer factory in Freising, research and development teams, as well as over 32 sales offices in 18 different European countries. TI.com supports transactions in four local currencies (British Pounds, Euros, Norwegian Kroner and Swiss Francs), as well as US dollars, to make it easy for customers to buy the parts they need, when and where they need them.
"The expansion in Frankfurt is a logical extension of TI's presence in Europe and a significant investment in our customers, providing them with even better service and support for decades to come," said Bruder.
About Texas InstrumentsTexas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, tests and sells integrated and analog processing chips for markets including industrial, automotive, personal electronics, communications equipment and business systems. Our passion to create a better world by making electronics more affordable through semiconductors lives on today as each generation of innovation builds on the last to make our technology smaller, more efficient, more reliable. and more affordable, making it possible for semiconductors to enter electronics everywhere. This is what we call "engineering progress". It's what we do and have been doing for decades. Learn more at TI.com.
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