Building on Scottsdale border to be new Americas headquarters for parent company NOL Group

Phoenix, Ariz, 20 May 2009: NOL Group, parent company of global shipping leader APL, today identified an office building in Phoenix, Arizona as the new home for its regional headquarters in the Americas.

Singapore-based NOL said it will occupy one and a half floors of the 6-story MAX at Kierland building, located at 16220 North Scottsdale Road, on the border between Phoenix and neighboring Scottsdale. The company expects to relocate from its current regional headquarters in Oakland, California by the end of the third quarter.

NOL Group is the parent company of APL, the world's seventh-largest container shipping company, and supply chain services provider APL Logistics. The company employs approximately 10,000 people worldwide including 4,000 in North, Central and South America.

"We’ve searched long and hard ever since we announced our intention to relocate in the Phoenix metropolitan area last January," said John Bowe, President of the Americas for NOL Group and APL. "I'm pleased to say that we’ve found a new home that will meet our business objectives as well as the personal needs of our employees and their families.”

Between 300 and 400 people will be employed at the new headquarters when it's fully staffed. About half of those jobs will be filled locally. The rest will go to employees relocating from Oakland and other offices.

“We are excited that APL has chosen Phoenix as their Americas headquarters and that they plan to add jobs in Phoenix," said Mayor Phil Gordon. “Our city offers the best of both worlds: a thriving economy and well-educated workforce -- a perfect fit for APL."

Councilwoman Peggy Neely added: "The selection of northeast Phoenix by APL for their Americas headquarters is a huge win for the district, the city and the local job market, especially in the current economic climate. APL is a proven leader in moving and managing containerized trade and their commitment to the community and the environment will be a tremendous asset to Phoenix."

The regional headquarters in Phoenix will coordinate the company’s shipping, terminals and logistics activities throughout the Americas. That includes everything from marine operations to intermodal transport of containers by rail and truck.

"The relocation of APL to Phoenix is a nod toward this region’s economic development strategies internationally and in California," said Barry Broome, President and CEO of the Greater Phoenix Economic Council. "Attracting this shipping industry leader adds value to our region's transportation and logistics hub through its global brand and quality jobs."

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