Heading East.The opening of CTS (1) (Clear To Send) The RS-232 signal sent from the receiving station to the transmitting station that indicates it is ready to accept data. Contrast with RTS. (2) (Common Type System) The data typing used in . Corp.'s operations in the Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. last May was the culmination of intensive research into Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. . The company (ctscorp.com), which supplies everything from automotive sensors
For such a large company ($636 million in sales for the four quarters ending in September) CTS flies somewhat under the radar This article is about the magazine. For other uses, see Under the Radar (disambiguation). Under the Radar is an American magazine that bills itself as "The solution to music pollution." It features interviews with accompanying photo-shoots. . However, its EMS arm did $370.2 million in sales over that same period, which places it among the 25 largest contract assemblers This is a list of assemblers. Hundreds of assemblers have been written; some notable examples are:
While CTS's Ostrava, Czech Republic, site builds automotive products, as EMS companies look to Eastern Europe, it serves as a template (1) A pre-designed document or data file formatted for common purposes such as a fax, invoice or business letter. If the document contains an automated process, such as a word processing macro or spreadsheet formula, then the programming is already written and embedded in the for how to proceed. CTS Director of CTS European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. Automotive operations Ron Bell spoke with CIRCUITS ASSEMBLY'S Mike Buetow in December. CA: How did CTS come to decide to locate in Eastern Europe? RB: You need to test and understand your beliefs about why you feel the need to be in Eastern Europe: Is it fashion, or necessity? CTS concluded we needed a Central/Eastern European presence because of the currency stability, logistics requirements, customer pressure, and expansion and growth. CA: What are some of the decisions that go into establishing a plant there? RB: Companies need to decide what they want to do there. Will they transfer existing production, start a business, or use the site as a platform to attract new business? As with other expansions, they must decide how to expand into Eastern Europe, be it by acquisition, joint venture or greenfield Greenfield, town (1990 pop. 18,666), seat of Franklin co., NW Mass., at the confluence of the Deerfield and Green rivers, near their junction with the Connecticut; settled 1686, set off from Deerfield and inc. 1753. . CTS ultimately took the "go it alone" greenfield route, with the underpinning un·der·pin·ning n. 1. Material or masonry used to support a structure, such as a wall. 2. A support or foundation. Often used in the plural. 3. Informal The human legs. Often used in the plural. desire to create a state-of-the-art manufacturing operation. In our case, our startup products were a combination of product transfers and incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. new business increases. When you reach this juncture junc·ture n. The point, line, or surface of union of two parts. and are possibly wrestling wrestling, sport in which two unarmed opponents grapple with one another. The object is to secure a fall, i.e., cause the opponent to lose balance and fall to the floor, and ultimately to pin the supine opponent's shoulders to the floor, through the use of body with a ramp-up plan, you need to consider several factors: How much support can your current organization provide, as this will critically impact your ramp capability? What are the infrastructure, skills availability and support capability of the chosen area? And, in parallel to the previous work, obviously you need to decide which country and where. Our main considerations were infrastructure, English capability, employment levels, skills availability, education level, costs/wages, national and local government support, and grant availability. CA: Of the various Eastern European nations, which did CTS consider? RB: After visiting most of the obvious countries--Slovakia, Slovenia, Hungary, Poland, Romania and the Ukraine, we chose Ostrava in the Czech Republic. The prime reasons for choosing Ostrava were the realization that the further East we looked, the greater the support resource would be needed; the Czech Republic's ability to meet CTS's specific needs, and the conclusion that the lowest labor-cost countries could very well end up not being the lowest overall cost option. We developed a matrix for comparing all the countries we visited. For example, see the comparisons between the Czech Republic and Romania based on CTS's identified needs (Tables 1 and 2). Understand, however, there is no inference (logic) inference - The logical process by which new facts are derived from known facts by the application of inference rules. See also symbolic inference, type inference. that one country is superior to another. Instead, it is each company's needs and reasons for going to Eastern Europe that tend to lead toward the location that is the best fit. CA: What have been the initial results? RB: Production commenced in April 2006, and we plan to ship more than $40 million worth of goods this year. And the quality of employees is very impressive. CA: Have you encountered any problems? RB: Some, not surprisingly. Western-style business practices are not widespread. Employees are not encouraged to think laterally lat·er·al adj. 1. Of, relating to, or situated at or on the side. 2. Of or constituting a change within an organization or a hierarchy to a position at a similar level, as in salary or responsibility, to the one being left: . Also, corruption can vary from country to country. Land ownership can be an issue. Government bureaucracy can also be a problem.
Table 1. Investment Incentives
General Criteria Czech Republic Romania
Investment min. $9.45 million* $1 million
Own capital min. $4.72 million*
Equipment 40% of total investment
investment Min.
Condition Within 3 years Within 30 months
fulfillment
Others Maintain investment at Maintain investment for
least 5 years at least 10 years
Maintain no. of newly
created jobs at least
5 years
First owner of the long-
term tangible assets in
the CR
Incentives
Tax holiday Full tax relief for 10 Ratio of 20% deduction;
years (newly-established investor thus pays no
cos.) income tax or very small
tax for several years
Partial tax relief for 10
years (expanding cos.)
Relief from For any new equipment and
customs duties installations
Other Accelerated depreciation
(50% in first year). Not
applicable to
constructions
Job creation Amount of grant depends
on level of investment
and no. of jobs; each
project judged
individually
Retraining grant Up to 35% of training
costs/person
Grant per Up to $8,695
employee
Incentive On state level
management
*Based on exchange rate of CZK21.1:$1.
Table 2. Country Analysis
Czech Republic Romania
Labor cost $771 $299
Unemployment 9.5% 6.2% (+25%)
Population (millions) 10.3 22.3
Infrastructure* 5 3
Like industry* 5 4
GDP (per capita) $6,740 $2,310
Inflation 2.8% 9.0%
Exports (millions) SK 67.9 SK 22.5
Imports (millions) SK 68.5 SK 27.2
Balance (0.6) (4.7)
*CTS scorecard rating
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