Posted on 01/28/2017 1:34:21 PM PST by 2ndDivisionVet
The Cartersville-Bartow County Department of Economic Development announced this week that Hühoco Group, a global player in refining metal products, will create 200 jobs and invest $24 million in a new facility in Bartow County.
“I’m extremely pleased to welcome Hühoco Group’s First American Resources subsidiary to our community and the Cartersville family of industries. This wonderful company already knows that Georgia is a great place to do business, and we are proud that they have decided to make Cartersville their home. Their investment in our community is appreciated.” -Cartersville Mayor Matt Santini
Hühoco currently operates a facility in Mableton, Georgia under the name “First American Resources,” where it employs around 100 people. First American Resources is known in the industry for decorative and functional coating systems. The company’s two primary markets include domestic residential building products and automotive. The company will add 100 new jobs to the new facility over the next three years.
“Our commitment to Georgia is not only emphasized by our decision to keep jobs in the state. It is actually a decision to renew our commitment because we will add even more jobs and invest in an entirely new facility. We are excited to have found such an attractive location with a wonderful team of economic development professionals that will help us navigate the challenges or our ambitious project ahead.” – Hühoco CEO Christoph Koslowski
Hühoco Group worked with site selection firm Pegasus Partners out of Atlanta.
“This greenfield project with Hühoco Group’s First American Resources is one perfect example of what all of site selection should be about: Workforce first! Incentives last! Because the priorities were right and we took the time to carefully eliminate all other options, we know for certain this factory will be a full on success.” – Pegasus Partners’ Benedikt Ibing The Cartersville-Bartow County Department of Economic Development worked in partnership with the Georgia Department of Economic Development (GDEcD) Director of International Investment Nico Wijnberg and Senior Project Manager Walt Farrell with Georgia Power. “Georgia is a leader in the global marketplace, and when companies like First American Resources choose to continue to do business in our state, it further solidifies our status as such,” said Georgia Department of Economic Development Commissioner Pat Wilson. “The continued influx of German investment into our manufacturing sector proves that our efforts to maintain international relationships, and offer top-notch resources, yield positive results for Georgia. I look forward to the future success this company will see in Bartow County.”
About Hühoco
The Hühoco Group offers its clients an extensive product portfolio which ranges from the manufacture of cold strips, developing paints for the coating process, producing colour concentrates for plastics, the coil coating itself, through to lancing and stamping processes and the manufacturing of parts in punching and on our multiple Bihler presses. In addition, the Hühoco Group has expanded its product portfolio; with the development and production of noise & damping materials (Anti-Noise Technology) our coated metal strips find another use. Hühoco Group products can be found in more than 30 industrial sectors all over the world from the automotive industry to human and veterinary medicine to the electronics industry. www.huehoco.com/en/ The Mission of the Development Authority is to develop and promote trade, commerce, industry and employment opportunities for the public good and general welfare of Cartersville, Bartow County and the state of Georgia. For more information about the Cartersville-Bartow County Department of Economic Development and the Bartow-Cartersville Joint Development Authority, go to www.LocationofChoice.com
And so it begins !
These things are so misleading. The primary purpose of a business is not to employ people, it is to generate a profit. To generate a profit, it must make efficient allocation of scarce resources, whether these be material or human. If full employment was the only agenda, the government would seize Caterpiller and force them to produce only shovels, better yet, spoons, that would keep everyone busy.
I don’t blame them for specifically mentioning their Bihler machines, their multislide machines are the fastest in the world and just amazing to watch. Every time you do something like pushing a plug into a receptacle you’re probably using a part made on one. Here’s a 30+ year old one just loafing along and still making 200 parts per minute:
https://www.youtube.com/watch?v=dM2GaZ8TDDE
You can’t save any money whether this machine sits in the US or in China, what matters is having the expertise to design the parts and set up and program the machine and those skills are STEM jobs now just as they were when this machine was new.
Heck, it has already begun months ago!
Correct it did under DJT but now it’s catching on and companies without being leaned on by THE man have decided to grow too
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