Northeast Tennessee Valley Regional Industrial Development Association Germany/EU Initiative October 2013
Who We Are 12 Power Distributors with TVA formed in 1989. A regional approach to Economic Development. Members from Tennessee and Virginia. 2
1796 The First Frontier
Regional Economic Development Since 1933
Carter County, TN
NETVRIDA Region Designated by TVA 2010 Population 791,702 Square Kilometers 9,051 Square Miles 5,624 7
NETVRIDA Auto Sector
New Contracts with GM Parent Company (JTEKT) planning more Southeast U.S. investments Nakatetsu Expansion Underway 10
Volkswagen s Success in Chattanooga, TN is Big News in the U.S. and Europe! Volkswagen s selection of Chattanooga, Tennessee for its U.S. headquarters and primary North American production facility has dramatically increased interest in Tennessee and knowledge of the state within the European Union.
New Trade Agreement EU and US? Why Germany? What about the Euro Crisis? German companies are giving up on Spain, Portugal and weaker EU markets Energy Costs Germany is cancelling nuclear and coal long term costs will remain very high. Market growth in U.S. is strong and stable. Low birth rates in Europe limit potential growth there.
John Kilgore Scott Co. VA Russ Froneberger Global Consulting Alan Bridwell NETVRIDA Mitch Miller Washington Co. TN Eric Menges Richard Venable Sullivan Co. TN Marshall Ramsey Morristown TN Chamber In September 2012, NETVRIDA economic developers attended the Automechanika Trade Show in Frankfurt and met with a number of EU economic development agencies. Eric Menges of the FrankfurtRheinMain regional agency was one of our hosts.
Rainer Heumann EU Representative
In discussions with Rainer, it was emphasized that NETVRIDA would work with any size company wishing to move to the U.S., including smaller companies needing basic help to get an operation started. The NETVRIDA has targeted Germany s Mittelstand (small and medium sized companies), many of which are export-oriented. These companies focus on innovative and high value products and occupy niche market leadership positions in numerous sectors. They are typically privately owned and often based in smaller rural communities, with much in common with the NETVRIDA region.
FWG-IHW manufactures springs for a wide range of industries including, locks/security, playground equipment, industrial machinery, and nuclear power plants.
FWG Special Springs Family-owned company founded in 1981. Highly successful company in Europe. Business in 17 countries including: Italy, France, Spain, Scandinavia, India, China, Russia. Hold patented technologies for use in nuclear power plants, a certification few competitors have. Major trade shows included - AchemAsia May 2013 in Beijing/China. Headquartered in Grevenbroich, Germany.
Claire Hawkings ETSU Markus Rosenzweig FWG Springs Dirk Rybak Goessling USA Manfred Albrecht FWG Springs Goessling USA 3-27-13 Dirk Rybak, from Dortmond, Germany who is Operations Manager for Germanowned Goessling USA in Johnson City provided considerable assistance to FWG regarding how to start operations in the U.S. Goessling plans an expansion later in 2013 to manufacture industrial conveyors. http://www.dr-goessling.de/
Roger Hausmann Siemens Johnson City Native of Kassel, Germany Assisting with the hosting of FWG was Roger Hausmann from Kassel, Germany. Roger and FWG CEO Manfred Albrecht immediately became friends and ironically both served in the same West German military unit. Both Roger and Manfred are fans of vintage rock and country music from the 1950s including the legendary Sun Records from Memphis.
Mr. Albrecht records a tune from the Memphis Cats.
Goessling USA Plan to build New Facility in Tri-County Ind. Park to begin manufacturing. Assisting FWG with start-up. Started operations with small sales and support team. Very similar to FWG in size and management.
July 14 Visit from Goessling
Kemmerich Metal Engineering Attendorn
ETSU Innovation Lab Aerial view of ETSU Innovation Lab with Blue Ridge mountains in the background.
ETSU Innovation Lab Lease Space Available 2109 W Market St Johnson City, TN 37601 Outside View Monthly Office Rent - $450 - $500 (Includes electricity all but phone and internet) Rent is $10 per square foot First 6 months Free Rent This includes all utilities except phone and internet. Lobby Training Room
Meeting Room with Video Conferencing Typical Office Space
Extra Computer Workstations Note: Use of meeting rooms, lounges, kitchen areas are included in rent. Relaxation Lounge