News
Cosmetics Manufacturer to Consolidate US Operations in Murfreesboro
NASHVILLE, TN (November 13, 2013) - Tennessee Economic and Community Development Commissioner Bill Hagerty along with Schwan Cosmetics USA officials announced today the company will consolidate its U.S. operations by building a new facility in Murfreesboro, Tenn. The Middle Tennessee plant will merge Schwan Cosmetics' Cosmolab facility in Lewisburg, Tenn. and its Schwan Cosmetics USA facility in Piscataway, N.J. The announcement represents an investment of $38 million and will create 250 new jobs over the next five years. Total employment will reach 450 as more than 200 jobs will transfer from the Lewisburg facility.
"International companies like Schwan Cosmetics understand the advantages of doing business in Tennessee with our receptive international climate, ideal location and superior transportation infrastructure," Hagerty said. "I appreciate Schwan Cosmetics' decision to grow in Tennessee and thank the company for its continued investment in our state and its quality workforce."
"Schwan Cosmetics, the leading private label manufacturer of cosmetic pencils and products worldwide, is very pleased to announce our investment in a state-of-the-art facility in Murfreesboro, Tennessee," Barbara Bauer-Kropf, executive vice president of sales for Schwan Cosmetics, said. "Both our New Jersey and Tennessee manufacturing facilities will be consolidated into this 173,000 square foot high-tech site. The new Schwan Cosmetics USA will be a full service private label supplier continuing to build on Schwan Cosmetics' heritage of developing and introducing innovative, market driven color cosmetics. Our plan is to open the new campus during the first half of 2015."
Founded in 1855, the Schwan-STABILO group is a family-owned company with more than 4,400 employees worldwide with headquarters in Heroldsberg, Germany. In addition to the Cosmetic Division, the Schwan-STABILO group is a leading player in stationary writing instruments and special outdoor equipment. Schwan Cosmetics counts internationally-renowned cosmetics companies among its customers.
"Once again, Rutherford County is chosen for a location because of existing infrastructure, strong, capable workforce and our quality of life," Murfreesboro Mayor Tommy Bragg said. "I am hopeful many of the New Jersey employees will relocate and choose Tennessee as their new home. I welcome our new 'neighbor' and wish them success."
"We are ecstatic about the opportunity to house the U.S. headquarters and manufacturing facility for Schwan Cosmetics USA," Destination Rutherford Chairman Bill Jones said. " This is additional testament to our thriving business community, and we look forward to a successful partnership."
On behalf of Schwan Cosmetics, Pons Atlantic Partners has made the validation of site selection under account of relevant selection criteria like supply infrastructure, availability of qualified staff and the proximity to universities and proposed alternatives sites in other states as well. "We are pleased that the consolidation of Schwan-STABILO secures many jobs and even creates new ones. With Murfreesboro, the company has made a very good choice", says Thomas Schwegmann, Managing Director of Pons Atlantic Partners.
Feuer Powertrain GmbH Locating US headquarters and
Manufacturing Operations in Tunica, Mississippi.
Tunica, Miss. (September 24, 2013) - Officials from Feuer Powertrain GmbH have announced the company is locating its first U.S. manufacturing facility in Tunica, Miss. The project is a $ 140 million corporate investment and will create 300 new jobs.
FeuerPT, manufacturer of crankshafts for the automotive and transportation industry, will begin construction of the Tunica facility in fall 2013. Production is slated to begin in late 2014 or early 2015.
"After an intensive site selection process we are convinced that our decision to locate our first overseas manufacturing facility in Tunica, Mississippi, is the right move. The professional support of the state of Mississippi and the county of Tunica as well as the business friendly atmosphere here in Mississippi gave us the confidence, that this is an ideal place for expanding our global manufacturing footprint.
We are very proud to be part in the future of the Mississippi business community and we are excited to have the opportunity to make some contribution to the prosperity and growth of the region," said Bernd Gulden, CEO of Feuer Powertrain GmbH.
"I am grateful to the Feuer team for choosing Tunica as the home of its first U.S. manufacturing facility and for creating so many job opportunities for the area's residents," Gov. Phil Bryant said. "Feuer's decision to invest in Mississippi serves as a testament to the world that our state is a great place to do business, and I am proud to welcome this global company to the Mississippi Delta."
"We are delighted to see that Feuer Powertrain GmbH has found an attractive region for its new headquarters in the U.S. Tunica County was able to meet the mix of criteria and high demands of a manufacturing company," said Thomas Schwegmann (Pons Atlantic Partners) who, together with Dr. Ulrich Kaemmerer ( Rödl Langford de Kock) and Florian Stamm (Smith, Gambrell & Russell), accompanied Feuer PT during its site selection process.
FeuerPT had been seeking its new production site in the U.S. since mid-2012. Demands were high and many criteria had to be satisfied, like a reliable power supply, plenty of open space for future expansion, and a suitable soil for a durable manufacturing process.
During the site selection process, the consulting team was able to offer the officials from FeuerPT over 100 proposals for their new headquarter location in the U.S. The choice of site was not easy and many on-site visits to the different plants were necessary. Finally, Tunica, with its proximity to the international metropolis of Memphis, was able to win over the other competitors.
Headquartered in Nordhausen, Germany, Feuer Powertrain GmbH was formed in 2003. The company's scope of business includes the machining and processing of ready-for-installation crankshafts. Since FeuerPT was founded, it has invested more than $250 million in five plants in Nordhausen, where the company currently employs more than 400 workers producing up to 1,550,000 crankshafts per year.
Kayser Automotive Systems Announces
New Manufacturing Operation in Kentucky
EINBECK/FRANKFORT, KY. 2.8.13 Kurt-Heinz Borth, CEO of Kayser Automotive Systems GmbH, and Governor Steve Beshear today announced the company plans to establish a manufacturing facility in Fulton, which will be the company's first plant in the United States. The company expects to create 120 jobs and invest more than $17.5 million in the project. Automotive engine and fuel parts as well as car interior parts will be produced in the 50,000 sq ft facility.
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