MSX International Expands Engineering Operations in Gifhorn, Germany
6 April 2000
MSX International Expands Engineering Operations in Gifhorn, GermanyGIFHORN, Germany, April 5 MSX International GmbH has opened a new engineering location in Gifhorn, Germany, to better serve its automotive customers. Together with its partner, CADFORM-MSX Engineering GmbH, MSX International is now represented in all major locations of the German automotive industry. The Gifhorn office is located near Volkswagen AG, a customer of both MSX International and CADFORM-MSX Engineering GmbH. "We opened in Gifhorn to enhance our business relationship with VW and local suppliers," said John Risk, President of the Engineering Services Division of MSX International. Mr. Peter Maschkowski is the Branch Manager of the Gifhorn location. In the German market, MSX International and CADFORM-MSX Engineering GmbH employ approximately 380 professional staff in the engineering services sector. In addition to the development center of CADFORM-MSX Engineering GmbH in Homberg/Ohm, the two companies also maintain locations in Ingolstadt, Cologne, Munich, Russelsheim, Sindelfingen and now in Gifhorn. MSX International and CADFORM-MSX Engineering GmbH develop vehicle parts or systems for the international automotive industry in the sectors of interiors, exteriors, aggregates and car bodies. From the first design ideas of construction (CAD), calculation and simulation (CAE), prototypes, test and validation, and accessory development to manufacturing engineering, the companies provide complete solutions for automotive product development. To complement its range of services in the engineering sector, MSX International acquired an interest in CADFORM Engineering GmbH to reflect the close association between the two companies. Recently, CADFORM Engineering GmbH changed its name to CADFORM-MSX Engineering GmbH. This partnership reflects MSX International's continuing commitment to provide a comprehensive range of engineering services to global automotive customers. MSX International is a leading, global provider of technology-driven engineering, business, and specialized staffing services. The company's services enable customers to significantly improve their business performance by adding value and helping them to achieve a competitive advantage. With annual sales of $1 billion, MSX International deploys more than 17,000 professional staff and contract personnel at over 85 operating locations in 23 countries worldwide. MSX International offers its customers a wide range of technology-driven services, both on-site and off-site, including product and manufacturing engineering; contract and temporary staffing; training; purchasing support; commercial and technical publishing, marketing support; electronic document and information storage and retrieval; process improvement consulting; and web and information technology services. MSX International's headquarters is in Auburn Hills, Michigan. Visit the company's Web site at http://www.msxi.com . MSX International's news releases are also available at http://www.prnewswire.com . This document contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of any number of factors, many of which are beyond the control of management. These important factors are discussed in MSX International's filings with the Securities and Exchange Commission.