Camellia. API to invest $60m in warehouses

Stephen Roche, MD, of Australian Pharmaceutical Industries (API), based at Camellia, said the company was investing $60 million to improve its supply chain, with new warehouses for Brisbane, Melbourne and Sydney, which would cut the transportation time for restocking shelves at pharmacies and Priceline shops. The warehouses are scheduled to be completed by July 2010.”We expect a 30 per cent return on this investment, and it will save a million kilometres in trucking products across the country< “he said in The Australian.