WAVTEQ Germany FDI success case study Back to successes
ZF is a global leader in driveline and chassis technology as well as active and passive safety technology. The company has a global workforce of around 137,000 with approximately 230 locations in some 40 countries. In 2016, ZF achieved sales of €35.2 billion.
In late 2014, WAVTEQ met with ZF Marine's Head of Marine Propulsion Systems and discovered the firm's detailed plans for expansion in order to meet the evolving requirements of its growing North America operation.
WAVTEQ introduced the project to Louisiana's Business Expansion and Retention Group (BERG) team in 2015, highlighting ZF Marine's need for a larger facility that would enable the firm to support its large customer base whilst reinforcing its continuing commitment to thruster technology in the Gulf of Mexico.
In 2017, ZF Marine began operating its Inland Waterway sales and service operation in Elmwood, Louisiana.