German Industry in North Carolina
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With nearly 240 German subsidiaries in the state, North Carolina is home to one of the largest contingents of German subsidiaries and related companies in the nation, ranging in size from only a few personnel to large corporations. The country has been a long-time investor in the state, currently creating more than 30,000 jobs. Moreover, German companies and subsidiaries own roughly $436 million in N.C. real estate.
Given the skilled workforce, leading-edge research and development, sound infrastructure and overall quality of life, the area continues to be destination for German businesses looking to establish or expand their global operations and markets. “In North Carolina, you have created an environment where talent can grow and hard work is rewarded,” said German Ambassador Peter Wittig during a 2015 visit to Charlotte. “German ingenuity sometimes needs American creativity to realize its full potential. Mixing the hard-working ethic of both countries is a recipe for great success, as I could witness today.” Greater Charlotte Area Out of the more than 950 foreign-owned firms that presently operate in the Charlotte region, 200 companies are German-owned, including 59 U.S. headquarters. This robust contingency makes Germany the largest-represented foreign country in the region. With daily nonstop flights to Frankfurt and Munich and an active German community, the partnership between Charlotte USA and Germany is strong. German-owned companies in the region include:
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March 2015 Tour of one of Siemens USA's largest manufacturing facilities. From Left: Wolfgang von Kerkom, PKF; Mike McNamara, GreerWalker; Klaus Becker, Nirosteel; Mark Pringle, General Manager of Siemens, Ambassador Wittig and his wife; Michael Almond, CPCC; and Richard Zollinger, CPCC
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