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| After having made thorough preparations, we decided to found a subsidiary in the People's Republic of China. We have to be on the spot in order to be able to offer our customers in Asia the best possible service. We found the ideal infrastructure in Taicang for opening our warehouse. |
| (Suzhou) Fastening Co.Ltd. has been registered in |
| Jiangsu Province. There are optimal conditions for us in Taicang; the local authorities are well prepared for foreign investors and cooperating is made easy. Many medium-sized companies from Baden-Württemberg have opened subsidiaries in Taicang. Dr. Hans-Jochem Steim from Schramberg, representative of the Baden-Württemberg Parliament, smoothed the way for medium- sized businesses in Taicang. The smooth cooperation with the local authorities is thanks to him. |
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| Mrs. Sonja Sun, Plant Manager of our subsidiary in Taicang, visited the parent company in Oberndorf, in order to prepare herself for starting in Taicang. |
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| Ernst Pfister minister for economic affairs will visit the subsidiary | ||
| of | in Taicang on the 25th of October with a business | |
| delegation and will open it officially. | ||
| We will take part in the trade show PTC in Shanghai as exhibitors from October 10 to 13. |
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