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German Automotive parts supplier Rausch & Pausch LP (RAPA) plans to invest over $25 million in Auburn

Automotive parts supplier Rausch & Pausch LP (RAPA) plans to invest over $25 million in its 70,000-square-foot location in Auburn Technology Park West. The German-based company, which celebrated its 10-year anniversary in Auburn last year, plans to purchase the building it operates in, invest in new equipment and create up to 73 additional jobs over …

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German Company Schmidt Automotive in Auburn announces $7.7 million expansion

Auburn’s Schmidt Automotive today announced a $7.7 million expansion, bringing new automated equipment to its automotive powertrain operation. The company said the expansion will create another 25 jobs over the next two years at the plant, located on Innovation Drive. A member of the MAT Foundry Group, Schmidt Automotive first came to Auburn in 2015. …

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Mercedes-Benz is launching a high-power charging network across North America

Mercedes-Benz is launching a high-power charging network across North America, Europe, China and other key markets, and it will begin in the U.S. and Canada. The aim of the company is to have the full network of more than 10,000 high-power chargers in place before the end of the decade, when Mercedes-Benz intends to go …

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German-based ADS-TEC Energy plans to invest $8 million in Auburn

A new product will soon be added to Auburn’s manufacturing base — battery-buffered fast electric charging stations. ADS-TEC Energy is establishing its first U.S. location in Auburn that will include sales, warehousing and assembly to serve the North American market. ADS-TEC Energy plans to invest $8 million and create approximately 180 jobs over the next two years. …

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German automotive supplier Eissmann Automotive NA is expanding its Pell City facility

The manufacturer will invest $3.4 million to bring new advanced manufacturing equipment to its new production line. Leaders plan to hire 79 more employees to support the production for new orders. Eissmann Automotive specializes in car interiors, built-to-print trim components, shifter modules, and many other parts for German and domestic automakers such as Mercedes, Audi, …

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High energy prices are increasingly affecting companies in Germany

A significant proportion of automotive companies are planning to relocate and reduce production due to high energy costs. This is the result of a DIHK survey. According to a survey, high energy prices are increasingly affecting companies in Germany. The German Chamber of Industry and Commerce (DIHK) spoke of a dramatic situation on Tuesday. According to a DIHK survey, 16 …

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Airbus Americas Chairman & CEO Jeff Knittel received German Ambassador to the U.S., Her Excellency Emily Margarethe Haber in Mobile

Airbus Americas Chairman & CEO Jeff Knittel received French Ambassador to the U.S., His Excellency Philippe Etienne and German Ambassador to the U.S., Her Excellency Emily Margarethe Haber in Mobile to learn more about U.S. manufacturing at Airbus and the unique partnership between Airbus, local elected officials and the business community. The Ambassadors began their …

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Panic is spreading in parts of the German economy due to the rapid increase in gas and electricity prices.

The extremely high gas and electricity prices mean that medium-sized companies in particular fear for their existence. Is there a threat of deindustrialization? Associations are sounding the alarm, and the Ifo Institute is anticipating increased investments abroad. Panic is spreading in parts of the German economy due to the rapid increase in gas and electricity prices. In view …

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Germany trade mission offers new possibilities for Alabama firms

Greg Canfield, Secretary of the Alabama Department of Commerce, said the five Alabama companies on the mission operate in fields including the life sciences sector, microgrid power systems, next-generation EV charging strategies and international project management services. “Trade missions like the one to Germany have long been an important component in our strategy to strengthen …

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