Doubles Global Manufacturing Capacity and Partners with DB Schenker
for Worldwide Logistics Services
Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of
utility scale distributed power solutions for the renewable energy
market, today announced significant growth of its international
manufacturing and supply chain operations. As part of this announcement,
Satcon will expand global manufacturing capacity to over 600 megawatts
in 2009 between its manufacturing facilities in Burlington, Ontario,
Canada and Shenzhen, China, as well as partner with DB Schenker
Logistics to provide global logistics and transportation services for
all of Satcon's global supply chain needs.
“As demand for our industry leading commercial and utility scale
solutions increases worldwide, we must construct an international supply
chain capable of delivering the highest levels of service and support
for our customers,” said Pete DeGraff, Satcon’s Vice President of
Worldwide Sales and Marketing. “The combination of increasing our
international manufacturing capacity and our partnership with Schenker
will enable us to continue to deliver the industry’s most competitive
product lead times, local spare parts inventories and global logistics
capabilities and ensure the highest service levels for our customers
over the entire lifecycle of their solar projects.”
Satcon will partner with the DB Schenker Solar division to deliver
global transportation services for its inverter operations located in
Burlington, Ontario, Canada; Shenzhen, China; and Fremont, California.
Satcon will also utilize DB Schenker in North America, Europe, and Asia
to provide logistics and distribution services including final delivery
to Satcon's customer’s door through DB Schenker's extensive land
transport network.
“As Satcon continues to expand its global operations and customer base,
their supply chain capabilities become a core piece of maintaining the
highest levels of service to their customers worldwide,” said John
Tibshirany, Vice President Corporate Accounts Group at DB Schenker USA.