Hapag-Lloyd to Expand, Invest $5.5 Million
Dec. 18, 2018 – One of the largest shipping companies in the world is expanding its operation in Peachtree Corners. Hapag-Lloyd, which merged with United Arab Shipping Company (UASC) in May 2017, is consolidating operations at its offices located at 5515 Spalding Drive.
The company plans to invest $5.5 million over the next two years and create 363 new jobs, in addition to the 178 jobs that will remain at the North American headquarters and training facility in Peachtree Corners. Hapag-Lloyd made the expansion announcement on the steps of the state Capitol on Dec. 18.
“We welcome the company’s growth and expansion,” said Mayor Mike Mason. “Hapag-Lloyd is a significant employer in the city with global name recognition. They are making an investment in their facility, creating jobs, and contributing to the economic viability of Peachtree Corners.”
Hapag-Lloyd is one of the leading operators in the Transatlantic, Middle East, Latin America and Intra-America trades. With 230 vessels and more than 12,000 employees, Hapag-Lloyd is the fifth-largest shipping company in the world, serving customers in 127 countries.
“Keeping what you have is good for the community and future development,” said Economic Development Manager Jennifer Howard. “When we surveyed the business community, they said they wanted the city to focus on retention and expansion. Existing businesses are at the heart of strong, local economies.”
The city worked in collaboration with the Georgia Department of Economic Development and Partnership Gwinnett in supporting the expansion. Partnership Gwinnett is a public-private initiative dedicated to bringing new jobs and capital investment to Gwinnett County.
On. Dec. 18, 2018 Councilmembers Eric Christ (Post 2) and Phil Sadd (Post 1), joined Gov. Nathan Deal at the state Capitol for the Hapag-Lloyd announcement.