|
2003: Formation of a Joint Venture Company in the USA
In
2003, in the light of the growing market and the good reputation of
Flowtech in the USA, Flowtech Industries AG formed a joint venture company in North
Carolina, USA, named Flowtack.
Know-how was transfered to the joint venture company by Flowtech Industries AG. The company was supported technically in the accomplishment of several projects such as Homer City, Baily and Stuart.
2006: Spin-off
In mid 2006, all the Flowtack
shares were sold to the US joint venture partners by Bernhard Hug. The
technical cooperation was terminated as well. The service to the US
market was immediately resumed from our head office in Winterthur,
Switzerland.
For worldwide requests, please contact Flowtech
Industries AG in Switzerland.
|