TUV Rheinland North America Holding, Inc. Sets Up Operations in Center of High Tech Corridor

PRLog (Press Release) - Aug 25, 2009 -
NEWTOWN, CT and BOSTON, MA – TUV Rheinland North America Holding, Inc. has moved its operations center to Boston’s Financial District at 1 Federal Street. The relocation will provide for closer proximity to a large density of TUVRheinland’s customers as well as potential new clients. These high-tech companies are located in the corridor surrounding the city and come from many technology sectors including consumer electronics, ITE, telecommunications, medical devices, laboratory and test equipment, chemical, software and biotech.  

The relocation of the newly established Holding Company from Newtown, Conn. to Boston is part of the expansion of TUVRheinland’s reach in North America. “As the company looks for further growth through acquisition, a central business location becomes a requirement,” said Stephan Schmitt, President and CEO of TUV Rheinland North America Holding, Inc.  

Last year, the Holding Company oversaw the acquisition of two regional testing companies, Unified Testing Services and Non-Destructive Testing, Inc. as well as the creation of TUV Rheinland PTL, LLC, part of the world’s largest solar and photovoltaic testing network. In addition to these three subsidiaries, currently the Holding Company oversees: TUV Rheinland of North America, Inc., TÜV Rheinland de Mexico, S.A. de C.V. and TUV Rheinland Canada, Inc.

“From this location, we are not limited by either regional or specific company constraints and can maximize all potential business opportunities on the continent,” added Mr. Schmitt. “The Holding Company was set up as a strategic management organization that is most efficient, creates best utilization of resources and has a shorter communication and decision path to be able to act quickly.”

TUVRheinland has twenty-two locations in the U.S., Canada and Mexico and is part of an international network located in over 61 countries globally.  The new office for the Holding Company will serve as a center for all business opportunities coming into and out of North America.  According to Mr. Schmitt, executive personnel will facilitate and support the interactions of the company’s regional and international business stream activities from the new Boston location.

“Tying together our numerous global business stream activities is an important step in TUVRheinland’s evolution and helps us better serve our clients’ needs,” said Mr. Schmitt.
   
About TUVRheinland®

TUVRheinland® delivers premier independent testing, assessment, and certification services to help companies gain access into global markets. Boasting an international network across six continents, the company’s in-country experts ease the path to compliance with cost-effective pricing and quick turnaround times. The $1.5 billion Corporation is comprised of an international network of more than 13,300 employees in 61 countries and serves most industry sectors and markets worldwide. For more information, visit www.us.TUV.com.