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(Yicai Global) April 2 -- Shanxi Oriental Material Handling cast the winning bid to configure the smart distribution system for the large warehouse center constructed by Fraser & Neave, Malaysia's largest beverage producer and seller, in Selangor for USD16.3 million.
The company recently received the bid-winning notice from Singapore-based F&N's wholly-owned unit F&N Beverages Manufacturing to provide installation, design and debugging services for the automated smart warehouse in its F&N Shah Alam Distribution Center, per a statement from the smart logistics delivery and storage system supplier yesterday.
The system will be installed at the center that F&N Beverages Manufacturing built, per the statement. The project, for which it will provide over 50,000 storage bins, can throughput over 700 trays per hour.
It is set to finish and operate in the second half of next year, the statement said.
F&N Beverages Manufacturing is a Malaysian listed company formed in 1883 and one of the country's oldest and largest beverage suppliers, per the statement. Market leaders in Malaysia and Thailand, its condensed milk, milk and fruit juices are also exported to 68 countries in Europe, North America, the Middle East and Africa.
The implementation of the project will not only positively impact the company's future business performance but also hold strategic significance for its exploration of the Southeast Asian market, the statement added.
Editor: Ben Armour