Browse our Services
It All Starts with Location
German industrial conglomerate ThyssenKrupp AG required a site to support the production of 5.1 million metric tons of high-quality products made from steel slabs.
" Trite as it may sound, teamwork was key...and the teaming process was important as we relied on the expertise and professional services of Cushman & Wakefield’s Business Consulting team to help us find the best location for our plant. "
- Thomas Woelker, Chief Project Officer, Vice President, ThyssenKrupp Steel USA
In early 2006, ThyssenKrupp enlisted C&W to determine the optimal location for a new carbon and stainless steel processing facility in the United States. C&W's Business Consulting Group led the development and execution of a comprehensive location strategy for ThyssenKrupp's $3.7 billion, 2,700-employee mill, which would utilize the steels slabs from Brazil. Previously, C&W Business Consulting had assisted ThyssenKrupp with a large manufacturing project in Asia.
The C&W Team and our trusted third-party providers orchestrated parallel due diligence programs under an aggressive time frame. We assisted ThyssenKrupp's key decision makers with their site elimination through an efficient and logical decision-support process.
Upon determining three finalist locations in the southeastern United States we completed parallel, in-depth labor market studies, financial analyses and negotiations, and managed government relations in the three finalist states.
These efforts facilitated the selection of two finalist sites, and provided a comprehensive financial comparison of these Louisiana and Alabama locations, along with a thorough assessment of operational advantages, disadvantages and risks.