Posts Tagged ‘Hannover Messe’

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U.S. Innovations on Display at HANNOVER MESSE 2017

April 26, 2017

Jason Lindesmith is a Communications Specialist at the International Trade Administration

Robotic arms with eyes. Glasses and helmets that revolutionize how employees on the manufacturing floor do their job. Software programs that transform old-school machines into integrated industry 4.0 solutions. These innovations are just a small sample of the U.S. technology on display this week at HANNOVER MESSE 2017.

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Acting Under Secretary, Ken Hyatt speaks at Hannover Messe’s Transatlantic Forum about the strong economic ties between the U.S. & Germany.

More than 220 U.S. exhibitors from 30 states chose to showcase their manufacturing and industrial technology at this year’s Hannover fair – making this year’s group of U.S. exhibitors one of the largest contingents ever.

As the world’s largest industrial technology show, HANNOVER MESSE provides a venue to show off the latest and greatest on the world stage. HANNOVER MESSE hosts more than 200,000 visitors from more than 60 countries and spans across a hard-to-comprehend 27 conference halls.

Here is a sample of the U.S. technology on display at HANNOVER MESSE 2017:

UpSkill is a Virginia-based company specializing in augmented reality solutions. Its technology connects hands-on workers to their equipment and work environment in ways that boost productivity and greatly reduce training time. All you do is put on the glasses, then real-time instructions, pictures, and status information appear to guide you through assembly or diagnostic procedures.

Tulip’s products are all about creating smart manufacturing environments. They allow manufacturers to integrate manual and machine data with apps that provide a more holistic, real-time view of what’s happening on the shop floor.

Try on one of DAQRI’s helmets or glasses, and you’ll immediately become aware of another layer of information and data all around you. Its technology helps manufacturing employees be more productive and predictive by pushing the right data to them at the right time.

Telit’s technology allows manufacturers to transform their current equipment and processes into a smart, connected end-to-end system. It’s not feasible for most companies to replace their entire suite of machinery and equipment to upgrade it to today’s latest models. Telit’s solution works with what manufacturers are already using – that’s the key.

The “robot with eyes” mentioned earlier this this post belongs to Rethink Robotics. The Boston-based manufacturer specializes in making collaborative robots with software to ensure they are easy to train and deploy. Strategically placed sensors allow its robots to work safely next to people without a cage around them (cages oftentimes surround robots in a manufacturing environment).

These and other innovative U.S. exhibitors are just one piece of the U.S. presence at HANNOVER MESSE. The U.S. Commercial Service is also on hand to help U.S. companies find the right international partners and opportunities during their time at the fair.

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European FDI in the United States

April 19, 2017

Michael Jarand is an Investment Analyst in the International Trade Administration’s SelectUSA Program.

This post contains external links. Please review our external linking policy.

Hannover Messe – the world’s leading industrial technology trade show – is quickly approaching and SelectUSA will be in attendance! As outlined by Jana Dorband in a previous blog post, Hannover Messe is a great opportunity to interact with thousands of potential investors.

In light of Europe’s longstanding role as a top investor in the United States, here are some highlights from Bureau of Economic Analysis (BEA) data on foreign direct investment (FDI) from the region.

European FDI is Large and Growing    

 

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Table 1: European FDI in the U.S. (in billions of dollars)

The latest available 2015 BEA data show a continued strong investment relationship with European investment partners. European FDI totaled $1.92 trillion in 2015, accounting for 61.2 percent of total foreign investment into the United States. Despite the fact that Europe’s total share of FDI into the United States shrank from 63.4 percent to 61.2 percent — reflecting the growing role Asian markets play in global investment — European FDI was $375 billion higher in 2015 than 2011.

The five European countries with the most investment in the United States by ultimate beneficial owner (UBO) are the United Kingdom ($569 billion), Germany ($319 billion), France ($251 billion), Ireland ($200 billion), and Switzerland ($144 billion).

European Investment Greatly Benefits the US Economy

 

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Table 2: European investment impact, 2014

Employment

In 2014, FDI from majority European-owned firms was responsible for 4.1 million direct jobs in the United States, about 65 percent of the total FDI-supported jobs. Like the FDI jobs previously discussed in this blog, these are high-impact jobs with an average annual compensation of $81,235.

Research and Development (R&D)

European firms are the largest foreign spender on research and development (R&D), enhancing U.S. global competitiveness. In 2014, U.S.-based affiliates of majority foreign-owned firms spent nearly $57 billion on R&D activities in the United States. Of this amount, $42 billion came from European firms, making up nearly 74 percent of the total.

Exports

Linkages between trade and investment also show up in European FDI. Exports of goods shipped by majority foreign-owned affiliates increased in 2014 to more than $425 billion. European firms made up $228 billion of this amount, almost 54 percent of the total.

European Multinationals Are Embracing Investment as an Alternative to Exporting

As outlined above, European investment is obviously beneficial to the U.S. economy – providing capital, high paying jobs, R&D spending, and exports. Investment is also beneficial for European firms, whose affiliate sales in the US make up a large part of their global portfolio. Increasingly, it appears that foreign direct investment and sales via affiliate companies is becoming the main mode of transatlantic business.

As shown in Figure 1, from 1999 to 2014, both U.S. imports of goods and services from the EU and sales of EU country-owned affiliates more than doubled. Imports of goods and services went from $270 billion to $595 billion, while EU country affiliate sales went from $947 billion to more than $2 trillion. If this trend continues, cross-border investment will continue to outpace traditional exports and imports.

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Figure 1: EU Country Affiliate Sales and U.S. Imports of Goods and Services from EU

What’s Next?

Come visit us at Hannover Messe in the U.S. Investment Pavilion in Hall 3, from April 24 – 28th. We look forward to meeting you, and will be available for walkthroughs of SelectUSA client services and data tools!

This and other data are available in our SelectUSA Stats data visualization tool, including data by state and by industry. A national level overview of FDI data is available on the SelectUSA website along with updated country and state factsheets.

For more information on FDI data and SelectUSA services, please send an email to info@selectusa.gov.

 

 

 

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Get Ready for Hannover Messe 2017!

January 9, 2017

Jana Dorband is Senior Investment Specialist at the U.S. Embassy Berlin

Hannover Messe – the world’s leading industrial technology trade show – will take place on April 24 – 28 2017. SelectUSA will again lead a robust delegation to the event, and host the U.S. Investment Pavilion in Hall 3. 

Hannover Messe 2017 – the world’s leading trade fair for industrial technology – is just around the corner.  Once again, the United States Investment Pavilion will provide a platform for U.S. economic development organizations to showcase their regions to thousands of potential investors. More information, including pricing and registration information, can be found on our flyer.

The official lead theme in 2017 will be “Integrated Industry – Creating Value”, drawing attention to the long-term impact of the fourth industrial revolution on issues beyond mere production technologies.  Key questions on the agenda will include:

  • What are the long-term benefits we gain from digitalization?
  • How will companies adapt to the new technologies?
  • What are the implications for the workforce, for training and for education?
  • What partnerships do we need to forge – across industry sectors, between businesses and government and between countries – to further advance technological change?

Last April, President Barack Obama and German Chancellor Angela Merkel joined the stage to officially open Hannover Messe 2016.  Many of us sat in the audience that night and witnessed what was truly a historic moment.  For the first time in the fair’s 69-year history, the United States served as the official Partner Country.  President Obama was the first sitting U.S. president to attend the show.

The U.S. delegation was the largest it has ever been – over 350 U.S. companies and research institutions, including 200+ small and medium-sized companies, and 90+ U.S. economic development organizations (EDOs).  Partner Country status afforded U.S. pavilions maximum exposure to over 200,000 visitors, 6,000 EDOs and industrial exhibitors, and thousands of journalists and bloggers across 27 exhibit halls.

Our SelectUSA team coordinated the Investment Pavilion, which was the heart of the U.S. presence at the show and provided EDOs with a unique platform to meet and engage with international investors and our own team of investment specialists from around the world.

“This fair gave us a very good opportunity to develop FDI leads with companies we never would have identified with other methods.”Appalachian Partnership for Econ

At Hannover Messe 2016, we witnessed first-hand how the digital age has revolutionized manufacturing, turning traditional production sites into “smart factories.”  This year’s focus on creating value underlines once again that Hannover Messe is more than just a trade show.  It has convening power for decision makers around topics that will shape the future of our economies and our global competitiveness. As Secretary Penny Pritzker pointed out at the event’s 2016 Economic Forum: “[I]n a globalized economy, the separate pursuit of our visions is insufficient. Advanced manufacturing relies on highly integrated processes and supply chains that transcend international borders.” There is no better place to forge these alliances than Hannover Messe.  Whether you are a company or an EDO – if you want to participate in the new age of manufacturing, you can’t afford to miss this opportunity.

Show the world what you have to offer and join the 2017 U.S. delegation to Hannover!  Please contact the SelectUSA team or Ethan Carter with Hannover Fairs USA with any questions or for more information.   We look forward to working with you.

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Pennsylvania Offers Experience, Knowledge & Diversity to International Companies

December 29, 2016

Kate Skopp, Director of Global Partnerships & Operations, Pennsylvania Department of Community and Economic Development, Office of International Business Development. 

Companies of all sizes and industries from around the world have been able to find a place in Pennsylvania’s business community and reap the benefits of investing in our diverse market. In fact, our state is home to 6,100 foreign-owned companies – businesses that employ more than 330,000 Pennsylvanians across the state.

Pennsylvania has focused on attracting foreign direct investment (FDI) for over two decades, providing quality assistance to foreign companies looking to establish business operations in our state. With nine representatives around the world covering more than 30 countries, we are committed to identifying and working with companies to break down investment barriers.

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Certuss participates with Pennsylvania’s Office of International Business Development in the SelectUSA Pavilion, organized by SelectUSA, at Hannover Messe in Hanover, Germany in April 2016. From left: Kate Skopp, PA Office of International Business Development; Holger Deimann, CERTUSS; David Moock, Pennsylvania Authorized Representative office in Germany; Lindsay Helsel, Team Pennsylvania Foundation; Stefan Peikert, Pennsylvania Authorized Representative in Germany.

Over this period of time, we have also learned to listen to what is most important to potential investors.  Pennsylvania’s prime location on the U.S. east coast provides easy access to 60 percent of the U.S. and Canadian populations and is supported by six international airports, 65 operating railroads, three major ports and eight foreign trade zones.  This led companies from around the world to locate or expand in Pennsylvania recently.  Here are a few examples:

  • Continuing its long tradition of business in Pennsylvania, Taiwanese company Foxconn has expanded its R&D presence to approx. 50 employees in Harrisburg.
  • Chinese manufacturer, Taizhou Fuling Plastics, established its first U.S. manufacturing site in Upper Macungie Township, creating 75 new jobs. Fuling is recognized as the leading exporter of plastic tableware and kitchenware in the world.
  • Austrian manufacturer Greiner Packaging established its U.S. headquarters in Pittston, creating 128 new jobs. Greiner produces premium packaging and sustainable items for the food industry.
  • Almac Group, Inc., a global contract pharmaceutical development and manufacturing organization from Northern Ireland, is currently expanding its operations at its existing U.S. headquarters in Montgomery County, doubling its physical presence at its location in Lansdale. The company’s expansion will create 312 new jobs over the next three years.

Today, Pennsylvania’s Department of Community and Economic Development (DCED) houses the Office of International Business Development (OIBD), which is responsible for offering customized services to help international companies looking to locate or expand in our state find the resources they need. OIBD works in collaboration with a team of global investment representatives around the world, regional and local government organizations, industry associations, and many more partners to engage international companies in Pennsylvania’s business community.

One such partner is SelectUSA.  OIBD has partnered with SelectUSA at a number of international events to extend its outreach in targeted markets, capitalizing on these collaborative events to engage international companies in doing business in the Keystone State. This past year, OIBD participated with SelectUSA at three events – Hannover Messe, the SelectUSA Investment Summit in Washington D.C., and SelectUSA Canada in Montreal, Canada. At each of these events, OIBD was able to meet with over 50 interested companies. OIBD and its network of international representatives will continue to participate in upcoming SelectUSA events in Washington D.C., Italy, and India over the next few months.

And these events often lead to tangible successes.

For example, Certuss, a German steam generator manufacturer, first met with OIBD at Hannover Messe 2014 at the SelectUSA pavilion. After several discussions and meetings, the company ultimately made the decision to locate to Pennsylvania to establish its commercial activities for North America.  Today, Certuss is using the resources available from OIBD and other local partners to capture the potential for growing in the U.S. market.

From business diversity to competitive business advantages, we are proud that Pennsylvania provides abundant opportunities for companies from around the world and in all industries to succeed in the United States.  We look forward to what 2017 has in store.

For more information on FDI in Pennsylvania, contact OIBD’s Executive Director for International Investment, Mr. David Briel at: dbriel@pa.gov or 717-720-7373.

 

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That’s a Wrap!

April 30, 2016

Laurie Mease is an International Trade Specialist with ITA’s Office of Textiles and Apparel.

It’s been a fantastic week here at Hannover Messe. We’ve had visits from President Obama, Chancellor Merkel, the governors of Virginia and Kentucky, our own Secretary Pritzker and Deputy Secretary Andrews, and many other high-level government officials from the U.S. and Europe. We’ve also learned more about Industry 4.0, the Internet of Things, industrial automation, and the opportunities TTIP will offer. Most importantly, our U.S. exhibitors have been hard at work showcasing their products and services to the world, making sales and forming new partnerships.

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U.S Army Band plays at Hannover Messe partner country reception.

One such partnership was finalized between Wisconsin’s Miller Electric Manufacturing Co. and Germany’s KUKA Robotics, who will work together to provide industry leading robotic arc welding systems and Welding Intelligence™ solutions to enable Industry 4.0. Ken Hyatt, Deputy Under Secretary for International Trade, was on hand to witness the agreement’s signing.

First-time exhibitor Filtroil from Richmond, VA also had a tremendously successful week. On Monday alone, before Filtroil’s scheduled meetings even began, the company had already signed a couple of new distributor agreements. Company president Jeremy Leahman says that Filtroil will do a lot of business with Europe after Hannover Messe and emphasizes what a great, cost-effective platform the show has been for a small company like his to meet representatives from so many countries, all gathered in one place. Leahman plans to continue working with ITA to further grow his company’s export sales.

The United States has also been recognized for its innovation this week. A team of students and professors from Johns Hopkins University were presented with the 2016 KUKA Innovation Award for their work in developing innovative robotics applications and components for flexible manufacturing. Kudos to the CoSTAR Team, who will take home a 20,000 Euro prize.

Luckily for us, there has been some time for fun in between all of this hard work. The highlight of the week was Wednesday evening’s Partner Country USA reception, sponsored by Google. Attendees were able to try out some of Google’s latest technologies while enjoying the evening with great food, great beer, and some new friends. Shout out to the U.S. Army Europe Band & Chorus for providing such an awesome soundtrack for the event!

This weekend, we’ll say “auf widersehen” to Hannover and head home to rest our feet – we’ve walked a lot of miles around these halls! But before we go, congratulations to all of our U.S. exhibitors on a wonderful show. The future is bright and there are many opportunities to build on the partnerships we’ve made here, driving increased commerce between the U.S. and Europe for years to come.

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Continuing the Conversation on Investment at Hannover Messe

April 29, 2016

This post originally appeared on the Department of Commerce blog.

 Vinai Thummalapally  Executive Director, SelectUSA

The 2016 Hannover Messe was not only an opportunity to showcase the ingenuity and innovation of American products and services, it was also a chance to demonstrate on an international stage why the United States is the world’s most competitive investment destination.

More than 90 state and local economic development organizations (EDOs) were on hand to represent locations across the United States where innovation thrives.

SelectUSA Executive Director Vinai Thummalapally Joins Deputy Commerce Secretary Bruce Andrews on Tour at Hannover Messe 2016

SelectUSA Executive Director Vinai Thummalapally Joins Deputy Commerce Secretary Bruce Andrews on Tour at Hannover Messe 2016

At SelectUSA, our mission is to create a platform through which international companies and EDOs can meet, learn about each other, and explore opportunities for investment together. During the Hannover Messe, our team hosted briefings and roundtables at the USA Investment Pavilion (check out the agenda here), and we had the privilege of engaging in some great conversations.

At the Hannover Messe, Secretary of Commerce Penny Pritzker met with business and economic development leaders to thank them for their work, hear their feedback on the U.S. investment climate, and seek their advice on how SelectUSA can continue to meet the needs of our clients.  While the conversation touched on many issues, participants emphasized two key themes, both of which will be integral to our upcoming 2016 SelectUSA Investment Summit.

The first theme was the growing number of foreign small and medium-sized enterprises (SMEs) interested in investing in the United States. At SelectUSA, we understand that SMEs, start-ups, or first-time investors of any size need assistance as they seek to establish operations in the United States.  Our team members stand ready to help companies figure out where to get started. We help companies find the information they need to make decisions, connect to the right people at the local level, navigate the federal regulatory system, and find answers related to the federal government.

Last March, roughly 60 percent of the investors at the 2015 SelectUSA Investment Summit were SMEs, and we expect a similar turnout at the 2016 Summit scheduled for June 19-21 in Washington, D.C. The Summit provides a cost-effective way for businesses to explore thousands of miles of U.S. territory in one convenient exhibition hall.  EDOs from every corner of the nation will be on hand to share opportunities in their locations and meet face-to-face with investors.

The second theme of the discussion was the importance of workforce development to ensure that the American workforce is prepared for the changing demands of the digital economy. Secretary Pritzker has made this a priority for the U.S. Department of Commerce, which is leading the “Skills for Business” agenda and working closely with the Departments of Labor and Education.  Earlier this month, Secretary Pritzker visited Houston to highlight the “Communities that Work Partnership,” which the Commerce Department created with the Aspen Institute to facilitate industry-led training partnerships that help prepare workers with the skills they need for in-demand jobs.

Workforce development will also be featured at the SelectUSA Summit. The overarching theme is “The Innovation Advantage,” and the diversity, skills, and productivity of American workers are essential to creating a business environment in which innovation thrives. We recently released the Summit agenda, which includes sessions on cultivating talent and best practices for apprenticeships and occupational training.

We look forward to continuing these conversations over the next few days at Hannover Messe, at the SelectUSA Summit, and every day in between on Twitter, by email, or by phone. Let us know how we can assist you.

Join us for the 2016 SelectUSA Summit, June 19-21 in Washington, DC: Hosted by President Barack Obama, the SelectUSA Investment Summit is a high-profile event that promotes foreign direct investment (FDI) in the United States and will showcase investment opportunities from every corner of the country. Companies of all sizes will find the practical tools, information, and connections they need to move investments forward. High-profile business and government leaders will share their insight about our innovative climate and diversity of resources in plenaries and breakout sessions during the Summit.

Representatives from companies like Xerox, Indiegogo, ABB Group, L’Oréal, Rassini, IKEA, Wanxiang Group, and TOTO will share real-world examples of successful investments across the United States. At the Summit, international investors and U.S. economic organizations will have the opportunity to engage face-to-face to explore how, where, and why invest in the United States. Learn more at www.selectusasummit.us.

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Manufacturing Our Future: The Road to Hannover Messe

April 28, 2016

This post originally appeared on the Siemens Blog.

Eric A. Spiegel is President and CEO, Siemens USA

Hannover Messe is the world’s largest industrial technology trade fair and it is fitting that the United States will serve as this year’s partner country as the U.S. and Germany deepen and broaden cooperation in shaping the new age of industry – combining Germany’s engineering prowess with America’s leadership in software. Siemens has been a Hannover Messe exhibitor since the inaugural fair in 1947, and with investments of $35 billion in the U.S. over the past 15 years, Siemens plays an important role in advancing the future of U.S. manufacturing. To learn more and for expert insights, sign up for our blog and follow @SiemensUSA

Yesterday I had a chance to join manufacturing leaders at the German Embassy to talk about the importance of the world’s largest industrial trade fair, Hannover Messe.

We are just a few weeks away from President Obama and Chancellor Merkel opening the fair together. And as U.S. Department of Commerce Deputy Secretary Bruce Andrews noted in his remarks, this underscores why the event is more than a trade show. “It’s an opportunity,” he said, “to discuss policy and show off the best of American industry.”

Later in the event, Jay Timmons, CEO of the National Association of Manufacturers, added that Hannover “stretches your imagination.” Global industrial leaders are there not only to demonstrate the best production, solutions and services of today, but to show the world what is possible in the future.

U.S. industry will have the Hannover spotlight like never before.

President Obama’s visit will mark the first appearance by a U.S. President and coincide with the United States’ debut as a partner country. And the U.S. delegation, led by Commerce Secretary Penny Pritzker, will be its largest ever, featuring more than 400 companies, economic development organizations, and research institutions.

At Siemens, we are excited to see American industry receive this positive exposure. The United States is both our largest market and a vital production center. We have more than 70 U.S. manufacturing sites and have invested $35 billion in America in the past 15 years.

Furthermore, the timing for American industry to assert its global leadership could not be better. Building off Jay Timmons’ point – what is possible in the future – Hannover is a focal point for the development of a new industrial age, or Fourth Industrial Revolution.

We are in a moment when everything that has happened in the consumer and retail space because of power advances in software is reaching the industrial world. There’s a transition underway from smartphones to smart factories that will bring unprecedented speed, efficiency, and flexibility to manufacturing operations.

Industry 4.0 is next – and the U.S. and Germany are natural partners in its pursuit. While Germany stands out as a leader in shop floor technology, the United States stands out as the world leader in software innovation, with more than 75 percent of software revenues generated by U.S. companies.

“When these two forces are combined,” German Ambassador Peter Wittig said, “they pave the way for the factory of the future.”

German Ambassador to the United States Peter Wittig

German Ambassador to the United States Peter Wittig

Ten years ago, would you have predicted a software company like Google would be represented at a manufacturing event? Today, Google, in addition to pioneering driverless cars, is striving to develop Industry 4.0 systems and platforms that are open-sourced yet secure from cyber threats, and interoperable. Another company we heard from yesterday, Local Motors – which used Siemens PLM software to create the world’s first 3-D printed car – did not even exist a decade ago.

This latter attribute, in particular, is essential. Without it, global Industry 4.0 value chains will never be achieved. Which is why, in his speech, Siegfried Russwurm, a member of our Managing Board and Chief Technology Officer of Siemens AG, made a strong case for continued international collaboration towards joint testing and the development of standards.

Pictured with Managing Board Member Siegfried Russwurm and German Ambassador Peter Wittig

Pictured with Managing Board Member Siegfried Russwurm and German Ambassador Peter Wittig