Tine Hoffmeister

“Numerous companies are having acute problems being offered or being able to conclude new energy contracts for electricity and gas,” said VDMA President Karl Haeusgen. “Some medium-sized machine builders see themselves exposed to incalculable risks outside their core business.” Unlike in the private customer sector, there is no mandatory basic supply for companies from an energy provider. High levels […]

Mercedes has invested $7 billion in the state since it arrived in the early 1990s, and Alabama workers began producing the M-Class SUV in 1997. Multiple expansions, new model launches, and innovation upgrades have followed, with more than 4 million vehicles shipped from the plant around the world. Five years ago, the company announced a $1

According to the Global Data Investment Monitor, Germany attracted more foreign direct investment than any other country in 2021. The Investment Monitor recorded 1537 projects, compared with 1517 for the United States in second place. The figures were slightly lower, but basically in keeping with numbers published by Germany Trade & Invest in May. Germany topped the

Mercedes-Benz USA has launched the Mercedes-EQ Experience, a training program for the dealership and corporate employees on electric vehicles. The program, taking place in Alabama, is a three-day session on training employees in the electric transformation, ensuring that the dealership employees are equipped with the company’s strategy and sustainability commitments and building enthusiasm for the company’s

Huntsville-based Adtran has settled an exchange offer with German optical networking firm ADVA. Adtran will be a direct subsidiary of the new entity, Adtran Holdings Inc., which will own a 65% majority of ADVA. Shares in Adtran Holdings began trading Friday on NASDAQ and on the Frankfurt Stock Exchange. “The effectiveness of the agreement is intended to

Exciting news from our AGP member Adah International who signs a partnership with German-based doks. innovation for autonomous inventory systems delivery. Read the press release here! https://www.adahinternational.com/news/adah-international-signs-partnership-with-german-based-doks.-innovation-for-autonomous-inventory-systems-delivery

Mercedes is switching on the electric power. In March, while celebrating 25 years in Tuscaloosa County, it also unveiled its new battery plant in neighboring Bibb County — all set to power the electric vehicles already rolling down the production line. “We’re ready to double-down on our local footprint and commitment to Tuscaloosa, Alabama, and the

Airbus’ latest expansion project calls for the addition of a third Final Assembly Line, or FAL, at its Mobile factory to support increased production of its A320 Family of single-aisle passenger aircraft. During today’s event at Bishop State Community College, Airbus outlined plans to add 1,000 new jobs over the next several years to its

Airbus CEO talks of expanding the firm’s Mobile footprint to support a 50% increase in A320-family production.

Evonik strengthens support for U.S. milk and dairy industry Evonik has resumed operations at its Mepron® plant in Mobile (Alabama, USA) meaning it will once again supply the U.S. milk and dairy markets from a local source. Evonik restarts rumen-protected methionine plant in Mobile (Alabama, USA) Local production secures supply for the growing dairy industry