In January 2018 Groupe PSA, a French multinational manufacturer of automobiles and motorcycles, announced they will locate its new North American headquarters in Fulton County, Georgia. As the second-largest carmaker in Europe and one of the top mobility providers in the world, Groupe PSA will join a growing family of innovative automotive manufacturers and suppliers operating in Georgia. Groupe PSA identified Atlanta as the perfect choice based on their unique needs in terms of technology, mobility innovation and car culture.

Source: https://www.georgia.org/newsroom/press-releases/groupe-psa-chooses-georgia-new-north-american-headquarters

June 13th, 2017 – OXFORD, UK – PsiOxus Therapeutics, Ltd. (PsiOxus), the cancer therapeutics company, today announced expansion of operations into a 21,000 sq ft state-of-the-art facility on the Abingdon Science Park in Oxfordshire, UK. Additionally, PsiOxus announced the opening of a new US facility in Plymouth Meeting near Philadelphia, Pennsylvania. This dual expansion will allow PsiOxus to accelerate the research and development of novel immune-oncology products in both the UK and the US.

November 6 was all about "Uncle Sam" at the WKÖ Sky Lounge: Over a dozen official US officials from the European offices of Arkansas, Florida, Georgia, Iowa, Indiana, Kentucky, Missouri, Ohio, Oregon, Pennsylvania, South Carolina , Tennessee and Virginia answered questions on concrete issues about expansion in & into the United States. The United States is our second largest export partner worldwide.
AUSSENWIRTSCHAFT AUSTRIA, with the US Embassy in Vienna and the Council of American States in Europe (CASE), organized a potpourri of lectures and panel discussions with practice-oriented information on doing business and investing in the United States.

Keynotes by Prof. Gabriel Felbermayr, the director of the IFO Center for International Economics in Munich and the political scientist Andrew B. Denison gave a sound and sometimes surprising insight into the economic and political relationship between Europe and the United States.
The discussions with many practical examples from the business life in the USA showed clearly that no one waits "over the big pond" already for suppliers from Austria: one must first earn the success. The recommendation is not to be reluctant to constantly prove and market yourself. Networks and local presence are critical success factors, only winners count. Entrepreneurs are required within a few minutes to be able to explain to their counterparts from the USA how the advantage and return on investment actually stand - then the market can also move on very quickly, since the willingness to take risks for new and innovative things is high.

Other service providers, such as the law firm Arnall Golden Gregory, the tax consultancy LeitnerLeitner and the logistics provider cargo partner completed the wide range of services offered to advise participants on their activities in the US in depth. The aim of the event was to anchor Austrian companies even more strongly in the USA.


The US Ambassador in Vienna, Trevor D. Traina, intends to accompany a company delegation from Austria to the Select USA Investment Summit on 10-12 June 2019 in Washington DC to support their expansion into the US market.

Text + Photos:
Copyright AUSSENWIRTSCHAFT AUSTRIA bzw. ADVANTAGE AUSTRIA

Fritz Winter North America LP celebrated on opening phase one of its iron casting foundry and manufacturing facility in Franklin, Kentucky a large-scale project producing brake rotors and brining about 200 new jobs to Southwest Kentucky, serving also as the company’s new US headquarters.

The German-owned parent company, Fritz Winter Eisengiesserei GmbH & Co. KG in Stadtallendorf will grow its investment to about $194 million with this expansion and the number of employers could surpass 300. This company is a global leader in the automotive supply industry and supplied the American market from Germany for more than 50 years. It serves the international car and truck industry and has developed a competitive advantage in lightweight and material-specific design. The family-owned company currently employs 3,700 people worldwide. 

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