The vision of establishing a company in Asia has been cherished by Christian Martinkat, Chairman of the Executive Committee, for many years. "Proximity creates trust, which is why establishing a location in the Asian economic area, and thus closer to our local customers, is the next indispensable step for us in the direction of an even more global corporate presence. Asia is an economically strong growth market. Especially for our products from the sports and leisure flooring and adhesives sector. Together with Ranjeet Singh, Managing Director of the new location, and his future team, we are looking forward to the new challenges with the goal of taking our globality and proximity to our customers to a new level."
Why Dubai?
The United Arab Emirates (UAE) is the crossroad between Asia, Europe and Africa. It is one of the best startup and SME (Small and Medium Enterprises) ecosystems in the world, providing a thriving framework for nurturing and developing early-stage companies. Fueled by an unparalleled combination of government-backed initiatives and incentives, world-class infrastructure, and a robust venture capital network, the UAE has witnessed a high rate of entrepreneurial activity over the past decade. The UAE has positioned itself in the global market and meets many strong factors that global companies consider when establishing a manufacturing base.
What are the next steps?
In addition to finding a suitable warehouse and administrative building, personnel changes will be the main focus in the coming weeks. By the end of 2022, STOCKMEIER Urethanes ME LLC. will have a team of five employees, covering the areas of logistics, sales, inside sales & administration. At the beginning of 2023, the new location is to be officially put into operation.
The course has been set and the flags in front of the company headquarter in Clarksburg, WV, USA, points the way to a diverse and even more global future.