HP HP-Measure-1964-11 free download

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from the chairman's desk TAST MO TH I had the opportunity to visit some of our distance from the center of Geneva. I was very favorably L facilities in Europe. and was very pleased to see the impressed with the program there. HPSA has an excellent progress which has been made there during the past staff and they are doing an outstanding job in managing our two years. European marketing activities. My first stop was at Bedford, where the rapid growth of We have a brand-new sales office in Paris and my visit both our manufacturing and marketing operations has made coincided with the first Open House. We have many good it necessary to expand our plant. In England, however, the customers in France and I had the opportunity to'meet and government takes a very strong hand in all business affairs, chat with some of them. It was encouraging to find that they and because of various regulations we are prevented from have a high regard for our products and there is every doing any appreciable building in Bedford. We have, there- indication that we will be able to do even better in France fore, been looking for a new location in Britain where we in the coming months and years. will be able to expand sufficiently to meet the growing de- There was a good deal of discussion while I was there as mand for our equipment there. to why we do not manufacture some of our products in After considerable study, we have decided to move our France. It is very possible we may find it desirable to do this, manufacturing operations to Edinburgh in Scotland. Edin- especially if De Gaulle should take France out of the Com- burgh is a very attractive city on the east coast of Scotland. mon Market. It is the country's capital, and has a long and distinguished background of culture and education. We will, we believe, Europe is clearly a very important market for us. This be able to establish a close association with the University year, for example, we will sell considerably more equipment there which should be of great benefit to our technical people. in Europe alone than we sold in the United States ten years The final site has not been selected, but we have several ago. The European market is growing nearly twice as fast good choices. You will be interested to know that the govern- for us as is our market in the United States, and although ment, as a means of attracting industry to the area, will the growth rate may sl