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Transatlantic News

06/24/2010

BASF to acquire Cognis for $3.8 billion

Specialty chemicals company Cognis will become part of German chemical maker BASF Group in a $3.8 billion deal announced Wednesday.

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05/03/2010

Bayer celebrates expansion of production plant in Muskegon Township

A Muskegon County, MI employer is celebrating the expansion of its plant.

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03/31/2010

fortu Powercell moving to Muskegon, MI creating up to 700 jobs

Hiring, construction of fortu PowerCell battery plant a year away

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03/08/2010

DIHK survey assesses current state of the German economy

The ECONOMIC SITUATION AND EXPECTATIONS – February 2010

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03/02/2010

VW Says U.S. Sales Rose More Than 25% in February

Volkswagen AG’s U.S. sales for its namesake brand increased more than 25 percent last month, the automaker’s chief operating officer for the market said.

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03/01/2010

Merck reveals plans to buy Millipore

German pharmaceutical and chemical company Merck has announced expansion plans through the acquisition of the US biotechnology firm Millipore.

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02/22/2010

German firm retools as U.S. military contractor

Project could create about 200 new jobs in Michigan by the end of this year.

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02/19/2010

United States and Germany Sign First Science and Technology Agreement

The Governments of the United States and Germany held a Science and Technology Agreement signing ceremony today at the U.S. Department of State in Washington D.C. Deputy Secretary of State James Steinberg signed the agreement on...

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02/19/2010

German American Signs Agreement to Enter Evansville, Indiana Banking Market

German American Bancorp, Inc. (Nasdaq:GABC) announced its banking subsidiary had agreed to purchase two Farmers State Bank offices in Evansville, Ind.

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01/13/2010

BMW seeks to advance science in Detroit schools

The BMW Group has launched a new afterschool science program in the city that could become a national model for the automaker.

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01/12/2010

VW announces big expansion plans for US market

Despite years of weak performance in the US market, Volkswagen announced it aims to double the number of cars it sells in the US by 2012 or 2013. VW wants its cars to escape their niche status and hit the mass market.

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01/11/2010

Renowned German Hearing Systems Company Opens US Headquarters in Minneapolis

Hansaton Launches Brand in United States

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12/07/2009

German coating specialist expanding in South Carolina

COLUMBIA, S.C. – The South Carolina Department of Commerce, Berkeley County and the Charleston Regional Development Alliance today announced that Mankiewicz Coatings LLC, a subsidiary of German-based Mankiewicz Gebr. & Co., which...

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12/02/2009

Schwabe investing $10M, creating Green Bay jobs

Schwabe North America announced in October it would invest more than $10 million in Green Bay, establishing a distribution center, expanding existing operations and creating 100 jobs.

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12/01/2009

Vetter Dedicates New Facility in Suburban Chicago

The new state-of-the-art facility is strategic to Vetter’s plan for worldwide growth.

Founded 25 years ago in Ravensburg, Germany, Vetter employs 2,200 people.

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11/20/2009

German transformer maker to open first US site in Colorado

Wheat Ridge, CO - A company that makes transformers that convert electricity from renewable energy sources to the grid plans to open its first U.S. plant in Wheat Ridge in January.

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11/09/2009

German Industrial Orders Up In September

German industrial orders increased again in September thanks to strong foreign demand, official figures showed Friday, offering another sign that Europe's biggest economy is gaining momentum.

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11/04/2009

Car sales in Germany stabilize, exports up

Car sales in Germany were up more than 20 percent on the year in October, boosted by the lingering effects of an auto-scrapping bonus program, and the sector's exports also began to rise.

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11/03/2009

Kimball Electronics Group, Inc. of Indiana wins contract with German leader in medical and safety technology

Kimball Electronics Group, Inc. has been awarded a new North American contract by German company Draeger to manufacture assemblies for its newly developed PEX 3300 program that includes gas, electrochemical and explosion...

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11/02/2009

Reuter's Press Review: German Company News

Follow up on the latest news from mayor German companies like Volkswagen, BMW, Thyssenkrupp and more.

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11/02/2009

German tax cuts welcomed in Washington

The new coalition chooses a bold economic recovery strategy that will amount to a third stimulus package.

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10/14/2009

Bitzer SE of Sindelfingen opens its second U.S. manufacturing plant in Salina, NY

The manufacturer of refrigerant compressors chose to locate its new plant in Central New York because of the high amount of engineering talent in the area

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09/24/2009

German biopharmaceutical supplier Vetter Pharma International GmbH to invest in Illinois Science & Technology Park

The Illinois Department of Commerce and Economic Opportunity (DCEO) supports the $12 million private investment by the company with an investment incentive of $382,000 that is part of the state’s regional economic development...

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08/18/2009

German Firm Invests in Wood County

Principals, attorneys, and bankers representing Vitakraft Pet Products of Bremen, Germany met with their counterparts from Sun Seed Co. of Wood County, Ohio's rural Washington Township to sign contracts consummating a merger of...

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08/07/2009

German Exports Jump In June

The latest signal that prospects are improving for Europe's biggest economy.

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06/22/2009

Siemens Hopes For $20B In Stimulus Orders

Siemens AG expects to garner about euro15 billion ($20.9 billion) worldwide in new orders

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06/16/2009

Survey: Economic Confidence Rises In Germany

Economic confidence in Germany, Europe's largest economy, improved for an eighth straight month in June, with a recovery from recession expected to come around the end of the year, a closely watched survey showed Tuesday.

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06/08/2009

BMW, Audi, Daimler Report May Car Sales Down

BMW AG, Audi AG and Daimler AG said Monday that the slump in the auto market was not as bad as in previous months

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06/08/2009

German Metal Production Improves In May

Germany's iron and steel industry saw production improve somewhat in May...

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05/14/2009

Puma planning store in Chicago, IL

Retailer expects fall opening for 1st U.S. flagship

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04/24/2009

German Business Confidence Stronger Than Expected

Firms assessed their future outlook with slightly less skepticism and expected the slide into recession to ease...

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04/20/2009

Schwabe North America Integrates Enzymatic Therapy and Nature's Way Sales Teams

The integration marks an exciting milestone...

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04/17/2009

DHL Express will relocate hub operations to Northern Kentucky

DHL Express, is moving its U.S. air cargo and package sorting operations back to the Cincinnati/Northern Kentucky International Airport.

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04/15/2009

Indiana plant that gave name to NBA's Pistons closing

A piston factory once owned by one of the founders of the National Basketball Association is closing down this year because of the economic downturn.

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04/14/2009

US Investors Introduced to Germany’s Next Generation of Airport Hubs

The construction of the Berlin Brandenburg International (BBI) airport and the growth of freight traffic at Leipzig/Halle provide a unique investment opportunity for American businesses in both regions respectively. Germany Trade...

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04/13/2009

A Frugal Force

ALDI’s no-frills approach, combined with a growing family of high-quality store brands, is winning over value-minded shoppers across the United States.

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04/10/2009

Job Growth Up 33 Percent in Indianapolis

Indianapolis Economic Development Inc. (IEDI) is reporting a 33 percent increase in new jobs in the first quarter, compared to the same period in 2008. The organization says it participated in 16 projects involving $26.5 million...

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04/03/2009

Schaeffler, Continental Join Forces To Save Money

First large joint project between Schaeffler and Continental.

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04/02/2009

Dow Chemical to sell Morton Salt for $1.67 billion

Morton is one of the country's largest salt producers.

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04/02/2009

German Auto Sales Soar In March

Over the whole of the first quarter, new car registrations were up 18 percent to 868,100.

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04/01/2009

FrankfurtRheinMain GmbH International Marketing of the Region Opens a Representative Office in Chicago

For the first time, the region is now represented with its own office on the American continent.

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03/31/2009

Germany Pledges To Find Opel Investor

German Chancellor Angela Merkel offered assurances that her government will help secure the company's future.

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03/25/2009

Report Lists World’s Largest Importers, Exporters

A list of the world's 20 largest importing and exporting nations, according to the World Trade 2008 report published Monday, 23rd of March by the World Trade Organization.

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03/23/2009

German manufacturer to open first North American plant in Grand Rapids

The world's largest manufacturer of woodworking equipment is betting Grand Rapids...

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03/22/2009

Merkel rules out state taking stake in Opel

German Chancellor Angela Merkel ruled out Sunday having the state take a direct stake in Opel to save the troubled car maker.

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03/20/2009

Vetter Pharma Fertigung GmbH & Co. KG Launches New Subsidiary

Vetter Pharma-Fertigung GmbH & Co. KG (VPF) recently announced the formation of a new subsidiary...

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03/17/2009

Germany criticises Buy American plan

Germany’s economics minister zu Guttenberg spoke in Washington on Tuesday

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03/17/2009

Boehringer Ingelheim Expansion on Track in Connecticut

Tax abatement supports Boehringer planned expansion

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03/02/2009

Profit Up for T-Mobile USA

T-Mobile USA is doing well compared to their numbers.

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02/26/2009

German firm to build $1 billion solar plant in Bradley County, bring 500-600 jobs

Wacker Chemie AG builds a plant near Cleveland, Tenn.

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