Northeast Tennessee Valley Regional Industrial Development Association Germany/EU Initiative October 2013
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Northeast Tennessee Valley
Regional Industrial Development
Association
Germany/EU Initiative October 2013
2
12 Power Distributors with TVA formed in 1989.
A regional approach to Economic Development.
Members from Tennessee and Virginia.
Who We Are
The First Frontier
1796
Regional Economic Development Since 1933
Carter County, TN
NETVRIDA Region Designated by TVA
7
2010 Population – 791,702
Square Kilometers – 9,051
Square Miles – 5,624
NETVRIDA Auto Sector
10
New Contracts with GM Parent Company (JTEKT) planning
more Southeast U.S. investments
Nakatetsu Expansion Underway
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.
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.
New Trade Agreement –
EU and US?
Why Germany? What about the Euro Crisis?
Marshall
Ramsey Morristown
TN Chamber
John Kilgore Scott Co. VA
Mitch Miller Washington Co. TN
Richard
Venable
Sullivan Co. TN
Alan Bridwell NETVRIDA
Russ
Froneberger Global
Consulting Eric Menges
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.
Dirk Rybak Goessling USA
Claire Hawkings ETSU
Manfred Albrecht FWG Springs
Markus Rosenzweig FWG Springs
Goessling USA 3-27-13
Dirk Rybak, from Dortmond, Germany who is Operations Manager for German-
owned 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
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.
Outside View
Lobby
Training Room
Meeting Room with
Video Conferencing
Typical Office Space
Extra Computer
Workstations
Relaxation Lounge
Note: Use of
meeting
rooms,
lounges,
kitchen areas
are included
in rent.
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