Mini Multinationals
Jack Ewing
Chapter 8 in Germany’s Economic Renaissance, 2014, pp 75-83 from Palgrave Macmillan
Abstract:
Abstract A wooden pallet sits on the shop floor of Bollin Armaturenfabrik, stacked with cardboard boxes marked “China.” Nearby, workers stand at lathes, polishing and grinding fixtures that look like something to which you would attach a garden hose. As odd as it may seem, Bollin in fact exports handmade faucets to China and other developing countries from its workshop on the outskirts of Frankfurt. They are, of course, not just any faucets. They are made of special alloys and machined to exquisitely fine tolerances, for use in places like oil refineries or chemical factories where failure of the product could shut down the plant—or worse. “That’s going to Beijing on Friday,” a shop foreman said, gesturing toward a pallet and speaking above the whir of metal lathes and drill presses.1
Keywords: German Company; Common Currency; Euro Zone Country; Fact Export; Deutsche Mark (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-34054-2_8
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DOI: 10.1057/9781137340542_8
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