Coats: Germany 'Lucrative' PartnerPosted: Updated:
U.S. Senator Dan Coats says Germany's reputation for quality production and effective work force training make the European nation a key economic partner for Indiana. Coats served as U.S. Ambassador to Germany from 2001-2005. He says the country's apprenticeship program has resulted in a "very precise" work force. Governor Mike Pence recently completed an economic development mission which included commitments from three companies involving a total of about one hundred new jobs and more than $10 million in investments. Coats expanded on Indiana's relationship with Germany during a Studio(i) interview. Industrial hose manufacturer NORRES announced plans to open its first North American operation in South Bend. That move is expected to create more than 30 jobs by 2018.
Later in the week, Jaeger-Unitek Sealing Solutions Inc. said it would spend $4.5 million to upgrade an existing facility in La Porte and add more than 50 workers by 2016.
DOT GmbH also announced plans to launch DOT America Inc. in Columbia City. That could mean up to 20 new jobs by 2016. The company makes coatings for medical implants and instruments.
Sources: Office of U.S. Senator Dan Coats, Inside INdiana Business