50 Largest German Firm in U.S. Honor Goes to Würth

German American Chamber of Commerce (GACC) announced that Würth is one of the 50 largest German firms in the U.S. The other firms also include Daimler Group, Siemens, Allianz, and BMW. Würth has successfully developed its U.S. market share through acquisitions and the development of cooperative distributors.

The sales of Würth in 2010 grew nearly 12%, over USD 0.794. Its sales organization has always been the key element of its success. It establishes its core competitiveness by improving the market condition and changing customers’ needs. Chairman Robert Friedmann of Central Managing Board explains, “2010 was marked by worldwide growth. It has therefore been our goal to grow quickly and disproportionately to win market share. In case worldwide economic growth slows down, we will be able to further improve this market position thanks to our strength.”