EoW July 2007

english corporate news

wire Southeast Asia is close to selling out already

More than 90% of available space has already been booked for this year’s wire Southeast Asia and Tube Southeast Asia in Bangkok from 16 th -18 th October. Staged at the city’s BITEC centre, the relocation of this event to Thailand from Singapore has met with worldwide approval. IWCEA President Dr Horst Birkmann said: “Southeast Asia is still an emerging market and its growth is fuelled by Asia’s incumbent super powers of India and China. “The Southeast Asian economies are free from restrictions and we believe that Bangkok is a good place to gain strong access into the region. As it is, both Thailand and Vietnam have tremendous market potentials and will no doubt have great impact in Southeast Asia.” Machinery Association (IWMA) chairman Peter Large remarked that the last exhibition in Singapore ‘was an unqualified success with a good attendance of quality visitors.’ “However, it was time for a change and the International Wire & Machinery Association was a leading advocate of a move to Bangkok, at the heart of one International Wire &

Move to Bangkok has earned worldwide approval

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of the most dynamic economies in the region. “The new location is truly the gateway to other important developing markets like Vietnam as well as Malaysia and Indonesia and the IWMA will have an excellent opportunity to widen its membership appeal,” he added. Exhibitors are also lauding the move to locate the show in Thailand. Commenting on his company’s rationale for exhibiting at wire Southeast ASIA, Brad Scherer, Vice President, International Operations,

at Fort Wayne Wire Die, said: “The GDP growth rate of the southeast Asian region is among the highest in the world and Thailand has historically been at the forefront of this growth, partly because of their regional leadership role in the automotive industry. “Additionally, Bangkok is geographically located in the centre of the region and has been rapidly improving its infrastructure to handle such [major] events. Finally, the wire industry is quite well established in Thailand, with many foreign owned companies having established manu- facturing plants there to serve the local market, complementing the many Thai- owned wire production enterprises that are also present. “ For more information, please visit the respective trade fairs’ websites at www.wire-southeastasia.com and www. tube-southeastasia.com. Messe Düsseldorf Asia Pte Ltd – Singapore Fax : +65 6337 4633 Email : wire@mda.com.sg Website : www.wire-southeastasia.com

Spring manufacturer Lesjöfors has continued its acquisition trail with the purchase of UK business, European Springs and Pressing Ltd. European Springs and Pressing manufactures springs and flat strip components, primarily for the British market. The company, which has 130 employees, has enjoyed high growth and good profitability for a number of years, boasting operations in both London and Cornwall. The acquisition marks the second in six months for Lesjöfors – having recently acquired spring maker Harris Springs – and cements the company’s position as one of the UK’s fastest growing spring manufacturers and supports its overall strategy to grow within Europe through an increased local presence. In the UK, European Springs and Pressing’s customer base will allow Lesjöfors to increase its sales activities through offering its product range, especially gas springs. In turn, European Springs and Pressing will have full access to Lesjöfors companies in Latvia and China, to further strengthen its competitiveness. European Springs and Pressing will continue to be managed by its current owners, as Lesjöfors begins the process of enhancing co-operation between the company and its existing operations in the UK. Lesjöfors AB – Sweden Fax : +46 5421 0810 Email : info@lesjoforsab.com Website : www.lesjoforsab.com l Lesjöfors acquires European Springs and l Pressing Ltd

Messe Düsseldorf China on the move

Messe Düsseldorf China Ltd has moved its Shanghai office to Units 307-308, Tower 1, German Centre for Industry and Trade, Shanghai, 88 Keyuan Road, Zhangjiang Hi-Tech Park, Pudong, Shanghai 201203.

Messe Düsseldorf China Ltd – China Fax : +86 21502 78128

Email : shanghai@mdc.com.cn Website : www.mdc.com.cn

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EuroWire – July 2007