German supplier HDE eyes US market

Menden. Hydroforming technology specialist HDE Solutions GmbH is preparing to enter the US market.

The company has already built a prototype of a stainless-steel tank there, in cooperation with local automobile manufacturers.

The tank complies with new US emission standards that take effect in 2007. If a contract is signed "this would be our entry on the US market," said Stefan Rossner, a member of the board of directors. HDE would be prepared to build a plant in the USA if it generates enough business there.

HDE was launched this year with 230 employees and is aiming for revenue of 34 million euros. The family company HDE Metallwerke became insolvent in October 2002. HDE Solutions was the result of a management buyout in January 2003.

The company has two main business sectors: hydro forming technology and heat technology. The company supplies exhaust specialists such as Eberspaecher, Boysen, Faurecia and Tenneco with manifold components.

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