May 2010

Fiberforge establishes EMEA headquarters in the Greater Zurich Area

Composite materials specialist Fiberforge, based in Glenwood Springs, Colorado, has opened its European subsidiary Fiberforge GmbH in Baar (Canton Zug) to serve as its EMEA headquarters.

Simon Jespersen, Managing Director at Fiberforge GmbH, said the company will lead European sales and business development efforts, manage joint development projects with customers, and ensure timely and effective service for systems installed in Europe. «Other functions in Baar will include engineering, sales, marketing, finance, administration, and technical support,» Jespersen said.

Commenting on the location, Jespersen stated that «Switzerland was the first and only choice as being the best single entry point for a small company looking to expand in Europe and for a large company – which we endeavor to be some day – needing favorable tax treatment. Other plusses include a motivated, well-educated multilingual workforce facilitating business across boundaries, excellent transportation and communications infrastructure, a business-friendly government and the country's own research and educational institutions.»

www.fiberforge.com

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