article thumbnail

Doing Business in Germany

QAD

Germany is the largest economy in the EU, and it’s the second most populous country. After WWII, Germany was divided into two sectors, the FRG (West Germany) and the GDR (East Germany). Germany adopted the Euro in 1999. Manufacturing in Germany. The manufacturing sector invested 53.4

Germany 103
article thumbnail

Grand Opening of Tesla’s Germany Based Manufacturing Facility

Supply Chain Matters

headquartered electric vehicle auto maker Tesla ’s newly constructed production facility located in Gruenheide, Germany , just outside of Berlin. Further announced was that the company will not introduce any new vehicle models this year. This week marks the formal opening of U.S. All rights reserved. .

Germany 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Helping Companies Identify Environmental Sustainability Opportunities

Arena Solutions

PTC’s CEO, Neil Barua, said, “In parallel with our SBTi commitments, we’re broadening the ways in which we support manufacturers’ efforts to reduce the environmental footprint of their products.” PTC gives manufacturers the power to create sustainably conscious products and drive environmental sustainability.

article thumbnail

Emma – The Sleep Company Selects ToolsGroup Supply Chain Planning Software to Support Growth

ToolsGroup

November 2021 — ToolsGroup, a global leader in supply chain planning and optimization software, has been selected by Emma – The Sleep Company to support its goal of creating a resilient, intelligent supply chain process to accommodate the company’s rapid growth. About Emma – The Sleep Company. million in 2020.

article thumbnail

Trends 2022: Manufacturing

Enterra Insights

The manufacturing sector covers such a broad spectrum of products and processes that any discussion about industry trends must take place at a very high level. One of the megatrends that has been driving manufacturing for over a decade is digitization. Manufacturing Trends. And the manufacturing sector overall looks strong.

article thumbnail

Concerns Abound for Europe and Germany’s Manufacturing Sector

Supply Chain Matters

For the specific region of Europe , we noted that the HCOB Eurozone Manufacturing PMI® report for August was headlined with plummeting new orders rates and rapidly depleting backlogs of work across the region. In late May we noted for readers that the German economy and manufacturing sector slid into a recognized state of economic recession.

article thumbnail

Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.