Industry: "Entrepreneurs are no longer waiting": Relocation abroad is no longer a taboo in medium-sized businesses
An exclusive Forsa survey shows: One in seven medium-sized companies is relocating production. For larger companies, it's almost one in three. In the Handelsblatt, CEOs explain the reasons.
Paul Niederstein, head of The Coatinc Company, a 1502-founded galvanizing company, has adopted a dual strategy for investments, choosing locations carefully. He sold three smaller German plants last year and invested heavily in three larger ones over the past three years. However, he is expanding capacities in the Netherlands, Belgium, and especially the US.
A Forsa survey for FTI Andersch found that German industry is increasingly investing abroad, with 15% of companies planning or relocating production facilities, rising to 31% among those with over €100 million in revenue.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
