Photo Credit: Schmidt and Heinzmann Despite the currently low economic forecasts in Germany and Europe, the composite equipment manufacturer, Schmidt & Heinzmann GmbH & Co. KG (Bruchsal, Germany), reports that it continues to grow. To further target the American market, the company opened its second U.S. subsidiary on April 1 in Cleveland, Ohio, to enable the company to achieve significantly faster response times for its customers. The subsidiary benefits the company’s development in several ways. For example, when comparing Europe’s rather low economic forecast, Schmidt & Heinzmann says, the U.S. economy is booming, particularly as U.S. companies continues to prepare for the future. According to Schmidt & Heinzmann this is especially true in the cutting and stacking fields, as well as the processing of semi-finished composite products, all of which have experienced high growth rates in the U.S. The company’s technological leadership, built up by its constant machine and processes development in recent years, will contributes to this growth.