Business Facilities - September 2008 - (Page 44)

INTERNATIONAL PROFILE Germany Hitachi, among others. The industry ens our growth not only in Germany, Sumitomo Metal Industries, Ltd. employs 90,000 people in Hessen but also throughout all Europe,” recently announced that it is enterand brings in more than EUR 30 bil- Ling adds. ing into a joint venture with German lion in annual revenue. Therefore, company Voith Turbo to establish a Darmstadt was a logical location for CAN’T FORGET THE AUTOS presence in the German automotive Germany’s well-known automo- market. The joint venture will be Huawei’s further investment. “This Innovation and Demo Cen- tive market is number one in Europe headquartered in Heidenheim, in the tre reinforces our long-term commit- by production and sales, with 5.4 Baden-Württemberg state of Germent to the German market. It million cars produced and 3.5 mil- many. The initial capital investment houses Huawei’s latest products and lion new registrations in 2006. is EUR 1.1 million. solutions in a fully operational test Twenty-five vehicle assembly plants The goal of the joint venture is to environment, all of which meets the are in operation, more than 1/3 of expand sales of one of Sumitomo latest operator requireMetal’s leading products, the ments for network permanent magnetic reTransport Routes (in kilometers) migration. It will be a tarder (pmr) which is a Railroads place for close collaboraunique secondary brake for Germany 36,054 tion with customers, commercial vehicles like 29,269 France where they can find the trucks and buses. The joint Great Britain 17,052 solutions needed for venture also aims to develop 16,288 Italy their future growth,” says a new model of the pmr by Interstates Haifeng Ling, vice presimaking full use of Sumitdent of Huawei Techomo Metal’s technology. 12,044 Germany nologies in the European In Europe, most trucks 10,379 France region. and buses weighing more 3,609 Great Britain Broadband services than 16 tons use a hydro6,487 Italy for the home and office dynamic retarder produced Inter Waterways are essential for increasby Voith Turbo. There is 7,565 Germany ing operator revenues, not, however, a suitable France 5,372 and an enhanced user product available for experience is vital. Seven Great Britain 1,065 medium-sized trucks and 1,477 Italy hundred square meters buses that weigh between Eurostat in size, the Centre con7.5 and 16 tons. The two sists of three experience companies will work tozones with end-user application sce- Europe’s installed capacity. In sum, gether through the joint venture to narios for businesses as well as con- Germany nets EUR 254 billion in develop a smaller retarder to fill this sumers to experience services at annual combined revenues for its gap in the European market. automotive manufacturers and suphome, in the office, and in transit. “Sumitomo’s decision is a strong “Darmstadt is a significant site for pliers. Forty-five percent of all newly testimonial for Germany’s performtelecommunications operators. Ger- registered vehicles in Europe and ance as a business location. Germany’s many is one of the largest telecom- 20% of new vehicles sold globally leading position in cutting edge techmunication markets for us, and the carry a “Made in Germany” label, nologies, high quality standards, and Centre is an important step to fortify and more than EUR 100 billion was productivity makes it the location of our focus on this market. We have invested by the German auto indus- choice not only for automotive suphighly qualified specialists in the try over the past 10 years. The coun- pliers, but for leading companies in all Centre working closely with cus- try also is the world’s top auto inno- industries,” says Oliver Seiler, director tomers to develop solutions based on vator, with 3,600 patents in 2006 of mechanical and electronic techtheir business needs. This strength- and more than 32 new auto clusters. nologies at Invest in Germany. 44 SEPTEMBER 2008

Table of Contents Feed for the Digital Edition of Business Facilities - September 2008

Business Facilities- September 2008 Contents First Word Snapshots Corporate Moves:�Mississippi Editor's Location Picks 2008 The Palmetto State Reaches Across the Sea Corporate Moves:�Tennessee Metro Spotlight:�Spokane, WA Biotech: Building Block for Development Wind Power Lifts Iowa Germany:�Europe's Economic Juggernaut California Here We Come Up, Up and Away in North Carolina Corporate Moves:�West Virginia Metro Spotlight:�Decatur/Greensburg, IN Advertiser Index Ask the Expert

Business Facilities - September 2008

For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.