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Tag Archives: Steen Hansen

Alliance & Chamber Investor Bossard NA Receives Contract with American Electric Auto Manufacturer

Steen Hansen, President, Bossard North America announces that Bossard NA has received a contract to supply  American electric vehicle manufacturerTesla with fasteners, engineering and logistics. This contract is significant to Bossard and the strength of the Cedar Valley headquarter operations. All parts of the work – engineering, planning, administration, logistics support – will be fulfilled in the Cedar Valley with warehousing in California. (Read More)

Three-Year Contract with Tesla Opens Up New Opportunities

Zug, March 12, 2014 – The Bossard Group is strengthening its collaboration with the American electric vehicle manufacturer, Tesla. Tesla awarded Bossard with a three- year contract with a total volume of around USD 140 million to provide production fasteners, engineering and logistical services. The importance of this co-operation has prompted Bossard to open a new distribution center near the Tesla factory in Fremont (California).

For more than four years, the two companies have collaborated in the design and development of the cutting edge Model S, including engineering, prototyping and ultimate delivery of production fasteners utilizing Bossard’s globally unique inventory management system, SmartBin®. Bossard Group has proven to be the preferred fastener supplier for Tesla while offering exceptional engineering and design services. This collaboration is reflected in sharply increasing sales volume for Bossard in support of the California based auto manufacturer: “Bossard considers it an honor that the existing successful collaboration is now solidified with a three-year contract with an estimated value of USD 140 million for this period” explains CEO, David Dean. Opening the new distribution center near the Tesla factory in Fremont will allow Bossard to provide valuable and quick customer service coping with the increasing demands. Bossard has steadily expanded its market share in the past few years in the United States; in part due to the intensified collaboration with Tesla.

Tesla’s goal is to accelerate the world’s transition to sustainable transport with a full range of increasingly affordable electric cars. Founded in 2003, California-based Tesla designs and manufactures electric vehicles (EV), as well as EV powertrain components for partners such as Mercedes and Toyota.

For further information:

David Dean, CEO, E-mail             investor@bossard.com www.bossard.com

 

 

Greater Cedar Valley Alliance & Chamber Elects Leadership

The CEO of one of the largest locally owned firms was elected to lead the Greater Cedar Valley Alliance & Chamber during its annual meeting held July 16 at the Park Place Event Center.

Tom Penaluna, CEO of The CBE Companies will chair the regional economic and community development organization through its 2014 fiscal year. Penaluna has been a board member of the Alliance & Chamber since 2008, and also was a board member of its predecessor organizations. He completed a term as chair of the affiliated Waterloo Industrial Development Association, and most recently served as vice chair of the Alliance & Chamber. Tom has asserted his leadership in the critical business – education transformation discussion by championing the Leader Valley and Leader in Me initiatives of the Alliance & Chamber. Penaluna also serves on the board of the Iowa Partnership for Economic Progress.

Other officers elected to leading the organization with Penaluna are: Vice Chair -Steve Tscherter, CEO, Lincoln Savings Bank; Treasurer-David Braton, Publisher, The Courier; and Past Chair, Kris Hansen, CEO, Western Home Communities. Steve Dust is president & CEO of the Alliance & Chamber.

The officers are joined by Rich Czarnecki, John Deere Global Director – Large Tractors; TechWorks Campus chair and former mayor Tim Hurley; and Chamber Council Chair Stacy Bentley, President – Community National Bank to form the Alliance & Chamber’s Executive Committee.

Kate Washut, partner, Far Reach, and Steen Hansen, CEO, Bossard North America were elected to the group which represents a broad spectrum of region-wide business, institutional, and local government interests. Sue Armbrecht, President – MidWestOne Bank Cedar Valley, and Chris Fereday, President – PDCM Insurance were re-elected to the board.

Washut and Hansen take the seats formerly occupied by retiring board members Dee Vandeventer, ME&V, and local attorney Hugh Field, partner in the Beecher Law Firm. “Dee and Hugh have been a part of the Alliance &Chamber leadership since its creation. The progress we’ve made in creating and delivering on the vision of a more vital, Cedar Valley economy is due in large part to the persistence and vision of business and civic leaders like Dee and Hugh,” said Dust.

Dust continues, ”Steen and Kate join others on our board who represent yet the next generation of leadership in our economy – businesses that located or started – but intending to grow – in the Cedar Valley of Iowa. They are the voices who need to chart the path for our economy moving forward,” concludes Dust.

Be part of something greater - The Cedar Valley of Iowa

The Greater Cedar Valley Alliance & Chamber is a regional economic community development corporation working to increase economic vitality and wealth in the Waterloo / Cedar Falls area and surrounding economic region. The Alliance & Chamber has approximately 800 members that represents over 40,000 employees