Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

FACTON Expands U.S. Headquarters In Troy, Michigan

05/11/2017
FACTON, the leader in Enterprise Product Costing for manufacturers, will double its office size and headcount at its U.S. headquarters in Troy, Michigan.

According to company officials, FACTON already doubled the staff in 2017, and is looking to hire several more specialists in cost management, finance, consulting, and sales.

FACTON EPC enables CFOs and their teams to transform their manufacturing costing work into a profitability driver for the company. FACTON’s Enterprise Product Costing cloud unifies all enterprise cost data into a single database, to ensure all departments are working from the same data resources - always up to date, always accurate.

“The early adopters of FACTON enterprise costing in North America are already enjoying great success with the platform, and we believe the economic pressures facing manufacturers in the region make our solution highly desirable for these companies,” said Ruediger Stern, FACTON President North America.

“Global manufacturing leaders including Ford Motor Company, TI Automotive, Henniges Automotive, Brose, DURA Automotive and Harman already use FACTON technology to standardize cost management across the enterprise - and all have a local presence in metro Detroit. Our expanded presence in southeastern Michigan is a recognition of the role this region plays in the global manufacturing marketing, and it is essential that FACTON is an active and vocal participant in this global hub of manufacturing expertise,” he said.

FACTON’s headquarters was selected specifically for its location in the heart of United States manufacturing, with an office layout that promotes the company culture of open collaboration, which ultimately supports rapid development / rapid delivery of FACTON solutions to North American customers.

“Troy is a vibrant business and technology center, home to Automation Alley and over 6,100 thriving businesses - everything from high tech to high finance, a perfect base for FACTONs growth plans,” said Ruediger. “We believe this is the perfect location to support our growing team.”

Exclusive Research