Draiswerke GmbH Acquires All Shares of U.S. Unit
Draiswerke Inc.’s New Jersey site will serve as the North American headquarters for the international DRAIS organization, the company said. The site houses administration, sales, design and engineering, manufacturing, warehouse, and technical-support offices and operations, and a technology center for customer testing and equipment demonstrations. The company said the merger will allow the U.S.-based company to offer the combined product lines of the Germany-based DRAIS and Draiswerke Inc. to the North American market.
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