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International Success Stories
German firm PTF to open U.S. business in Sturtevant
German manufacturer PTF Pfuller GmbH & Co. KG has chosen Sturtevant for its first U.S. location, with plans to ramp up from an initial small sales operation to a manufacturing and distribution center within five years. PTF is the first win for M7 officials among prospects initiated at the last three Hannover Messe conventions, said Jim Paetsch, M7 vice president of corporate relocation, expansion and attraction.
PTF German Precision Technology Inc., the name of PTF’s U.S. arm, is in the process of hiring a sales person who will work in Leman USA Inc.’s headquarters at 1860 Renaissance Boulevard in Sturtevant. Leman, a freight forwarding company, will provide administrative and warehousing services until PTF’s local growth requires its own offices, said Jenny Trick, Racine County Economic Development Corp. deputy director and an M7 partner, who spearheaded the recruitment efforts with Paetsch.
International Highlights for 2012
The Hannover Messe trade show, in Hannover Germany, is the world’s largest industrial trade show with eight industry clusters represented. Industries represented include Industrial automation; industrial supply; motion, drive and automation; energy and others.
In April 2012, four members, of the Milwaukee 7 including a representative from RCEDC, traveled to the Hannover Messe show in partnership with SelectUSA (US Department of Commerce) to meet with a number of international companies with the goal of attracting foreign investment to our Region.
Staff met with 49 companies and met with a number of companies that visited the SelectUSA exhibition. Realizing this effort is a multi year effort, staff continues to remain in contact with the firms that have expressed interest in a location in the Chicago-Milwaukee corridor.
As a result of several Spanish companies investing in the M7 region, including Talgo, Inesa, SicLazaro and Ingeteam, additional referrals citing the value of the M7 region as a business location resulted in additional interest. A trip was planned that had a twofold purpose, first to meet with those investors interested in the M7 region and second to meet with the parent companies of those that have an investment interest in the M7 region.