NEW YORK (GenomeWeb News)— Life Technologies today announced the launch of a distribution hub in Singapore to address customer demand in the Asia-Pacific region.
The center is located in Singapore's Tuas Biomedical Park and was created to enable Life Tech to better serve its customers in India, China, Taiwan, Hong Kong, South Korea, Southeast Asia, Australia, and New Zealand. In a statement, the company said the center will "boost the quality, availability, and timely delivery of Life Technologies' products to its customers in the area."
It added that the region is on of the firm's key growth drivers, with 15 percent year-over-year growth in sales in 2010, excluding Japan.
The 62,300-square-feet center was set up in August and adopts a hub-and-spoke model. Singapore will serve as the regional hub for Life Tech's product distribution throughout Asia, not including Japan. Since its inception, the volume of Life Tech products shipped in the region has increased four-fold, the company said.