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Article: EG&G, Inc. Forms Joint-Venture Company with MBtech to Operate Daimler-Benz' Flagship Automotive Proving Ground in Germany
- Article from:
- PR Newswire
- Article date:
- September 3, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WELLESLEY, Mass., Sept. 3 /PRNewswire/ -- EG&G, Inc., announced today that one of its German subsidiaries, EG&G GmbH, has concluded a joint-venture agreement to manage operation of Daimler-Benz' new, state-of-the-art automotive test site, the Papenburg Proving Ground in Emsland, Germany. The agreement is with a wholly-owned Daimler-Benz subsidiary, Mercedes-Benz technology (MBtech). The joint venture is named EG&G Automotive Testing Papenburg (EG&G ATP GmbH).
Scheduled to formally open in early 1998, the facility is expected over the next several years to create 150 jobs in the Papenburg region. The site will assess new vehicle and component designs and ...