New Business Opens in GainesvilleAndreas Lupold Hydrotechnik GmbH (Lupold) of Voehringen, Germany celebrated the grand opening of its new subsidiary in Gainesville-Hall County, Georgia to serve a growing North American customer base. Lupold has more than 60 years of expertise in delivering customized design solutions and precision manufacturing of hydraulic systems.
Lupold recently completed installation production lines in an existing 24,000 square foot building at 988 Chestnut Street in Gainesville. The company has hired and trained 12 employees for initial production that began in April 2012. The firm projects steady growth in a five-year plan that would see the new Georgia facility expand to 61 employees and invest more than $9 million in the project.
“Lupold joins more than 370 other German companies who are part of Georgia’s corporate community,” said Governor Nathan Deal. “International investment is critical to our economy, and I’m encouraged that the state’s commitment to forging international relationships, a strong pro-business environment and close-knit partnerships in our communities is helping companies like Lupold find success in Georgia.”
TheGreater Hall Chamber of Commerce and the Georgia Department of Economic Development first met with the company in 2008 regarding plans for expansion in the U.S. “We initially considered Gainesville-Hall County and Georgia to be central to a customer base that could support our long-term growth,” said Wilma Lupold, CEO of Andreas Lupold Hydrotechnik GmbH. “After a multi-state search, we ultimately selected the location because of the quality workforce, the positive testimonials we heard from existing industry, and the training support from Georgia’s Quick Start Training Program and Lanier Technical College. Quick Start has been an important link to transfer our production technology for a successful start-up.”
Lupold joins 41 international firms with their North American operations in Gainesville-Hall County. “Lupold is a welcome addition to our international business community. This is a successful, third-generation family business that innovates to compete globally,” said Kit Dunlap, President and CEO of the Greater Hall Chamber of Commerce. “Lupold’s start-up reminds us that skills are an important differentiator in this job market. It’s a great time for anyone seeking a job to evaluate their skills against the degree and certificate programs that are in demand.”
Job seekers should contact the Georgia Department of Labor’s Gainesville Career Center, 2756 Atlanta Highway, Gainesville, GA 30504. (770) 535-5484. www.dol.state.ga.us