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Quaprotek USA LP Announces New Plant in Ripley, TN
Quaprotek USA LP located its new manufacturing plant in Ripley, Tennessee. Over the next five years, the German company will invest $22 million in the project and expects to create more than 130 jobs.
By: German American Chamber of Commerce
“We are very happy to set up our North American production facility in Ripley, Tennessee. Based on the county’s proximity to our main client and the commitment of the local and state government, we believe that locating our new plant in Lauderdale County was the perfect decision,” said Klaus Kielwein, Owner and CEO of Quaprotek P&D GmbH.
The German American Chamber of Commerce of the Southern US, Inc. (GACC South) actively supported and oversaw site selection and process control for the developer and manufacturer of engine and gear parts. The new North American corporate campus of Quaprotek P&D GmbH will be home to a manufacturing facility where the company intends to set up a large-scale series production of metal components for the automotive industry.
While working with Quaprotek, the GACC South analyzed and compared individual site criteria. To give the company an idea of available properties, the GACC South consulting team also arranged the on-site visits. CPA firm Roedl Langford de Kock, LLP and the law firm Smith Gambrell & Russell, LLP guided negotiations with contractual partners focusing on financial, fiscal, and legal aspects. The entire process kept to a tight schedule - the Company moved into a temporary building in August 2011 and production should start by 2012.
“Within a very short period of time, our consulting team had to prepare a multitude of information for the company’s decision making process. We were happy to find Ripley, Tennessee as the right location with a good business attitude and skilled workforce”, said Thomas Schwegmann, Director of Consulting Services for GACC South.
“We appreciate the exceptional support of the GACC South, as well as of Ullrich Kaemmerer (Roedl Langford de Kock, LLP) and Florian Stamm (Smith Gambrell & Russell, LLP). The collaboration was very professional and efficient, even though we were under enormous time pressure,” said Marcus Siegel, CFO of Quaprotek P&D GmbH.
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About Quaprotek P&D GmbH
Quaprotek P&D GmbH is a well-experiences German Tier II developer and manufacturer of engine and gear parts for the automotive industry and its suppliers. The focus of the company’s product portfolio lies on pre-finished cast aluminum parts and stainless steels. The company was founded as a technical business consultancy in 1992 and established its first production site in 1995. Over time Quaprotek P&D GmbH expanded their existing production site and established two additional facilities. Today they maintain three production facilities in Europe in total.
Quaprotek is working for almost every well-known international automobile manufacturer (OEM).
About the GACC South
Our organization is part of an international network composed of 120 German foreign Chambers of Commerce and government offices in 80 countries. We offer our experiences, connections, and services to local and German companies.