Berrang Inc.

Meeting Objectives

Forge New Partnerships
• Identify Potential Collaborators: Seek out companies and organizations that align with your business goals.
• Network Effectively: Engage with other attendees to build relationships that could lead to future collaborations.

Explore Procurement Opportunities
• Understand Market Needs: Gain insights into the procurement needs of participating companies.
• Present Your Offerings: Clearly communicate your products or services to potential buyers and partners.

Engage in Targeted B2B Meetings
• Schedule One-on-One Meetings: Participate in pre-scheduled meetings to discuss specific business interests and opportunities.
• Tailor Your Approach: Use pre-conference guidance to refine your corporate profile and objectives for these meetings.

Align Business Goals
• Match Interests with Other Participants: Focus on aligning your business goals with those of other attendees to enhance collaboration.
Identify Strategic Fits: Look for synergies that can lead to mutually beneficial partnerships.

Organization Profile

We are Berrang – a company founded over 75 years ago by Karl Berrang, which has specialized in mechanical fastening technology from the very beginning. In close cooperation with our customers, we develop solutions that are technically convincing and economically most interesting for each individual case. Of course, this also includes identifying optimal solutions for our customers’ procurement processes and logistics requirements.

From the standard screw to the engineering solution: We offer solutions tailored to the needs of our customers. We support our partners in optimally exploiting the strategic potential of their technical applications.

Competencies
• Manufacturing Technology and Product Expertise
• Supply Chain Management
• Engineering
• Quality Management
• Assembly
• C-Parts Management

Industry Sectors
• Aviation
• Commercial Vehicles
• Power and Energy
• Agriculture and Construction
• Mechanical Engineering
• Med Tech
• Mobility
• Opti-Electronics

LOGISITCS.
Berrang Inc. is a US Foreign Trade Zone (FTZ). Foreign-Trade Zone (FTZ) status allows manufacturers in the U.S. to defer or eliminate customs duties on imported goods, which can significantly reduce costs. Additionally, FTZs provide logistical benefits, such as streamlined customs procedures and the ability to store goods without incurring duties until they enter the U.S. market.

Duty Deferral and Elimination
• Deferred Duties: Manufacturers can defer customs duties on imported goods until they are transferred out of the FTZ for U.S. consumption.
• Elimination of Duties: No duties are paid on foreign merchandise that is exported directly from the FTZ.

Logistical Advantages
• Streamlined Customs Procedures: FTZs allow for simplified customs processes, reducing administrative burdens and speeding up the movement of goods.
• Storage Flexibility: Goods can be stored in an FTZ without incurring duties until they enter the U.S. market, providing manufacturers with better cash flow management.
Cost Savings
• Inverted Tariff Relief: FTZs help mitigate the impact of inverted tariffs, where parts imported for manufacturing are taxed at a higher rate than the finished products.
• Reduced Inventory Costs: Merchandise processing fees can be reduced, and inventory taxes are deferred until goods are moved into U.S. commerce.

Enhanced Operational Capabilities
• Manufacturing and Processing: FTZs allow for various activities, including assembly, processing, and repackaging, which can lead to lower duty rates on finished products.
• Handling Damaged Goods: Manufacturers can inspect, repair, or destroy damaged items within the FTZ without incurring import duties.
Economic Impact
• Job Creation: FTZs contribute to job creation and retention, supporting local economies by enabling manufacturers to maintain operations in the U.S. rather than relocating overseas.

QUALITY.
Providing quality is our top priority. Our customers can expect nothing less than total quality, which is guaranteed by our employees in all aspects of their day-to-day work. These essentially simple principles were first formulated by Karl Berrang when the company was established.

SERVICE.
Our work is governed by an unerring focus on the particular requirements of each of our customers. Working together with our clients, we develop customized solutions for every aspect of a project. With a broad network of offices in Germany, the USA, France, Poland, and China, we are able to establish direct contact and offer intensive support to our customers – straightforward and with minimal waiting times thanks to our fast and flexible approach.