NEWS FROM:
Location:
212 599-5700 Ext. 1064
www.swissemb.org/ls
Swiss Inward
Investment Agency Announces
Annual "Tell
Award" for Significant Investment Projects
WASHINGTON, March 29 - Inward investment promotion
agency Location: Switzerland today announced an annual award program
recognizing significant investment projects made in the country by U.S.,
Canadian and Mexican firms, reports Mario Brossi, Senior Representative for
North America.
"The Tell Award, named for Swiss legendary hero
William Tell, each year will be presented to foreign investors that made the
most significant investments or expansions in
Swiss cantons, regional investment promotion agencies,
and the State Secretariat for Economic Affairs (SECO) submitted nominations for
2004 to the Nominating Committee, which will announce the final selections at a
Gala Awards Luncheon on April 27 from
Criteria for the most significant investment include
facility size and function, growth potential in physical size and employment
count, and the extent to which the investment diversifies or broadens the types
of businesses within a region.
Four top prizes will be awarded. They are the most
significant new investment project in manufacturing, the most significant new
investment in the service industry, the most significant expansion by an
existing investor, and the most promising "disruptive technology" or
other cutting edge example of innovative design.
Nominees for the Tell Award in manufacturing for
calendar year 2004 include Baxter Healthcare, Celgene, Sigma - Aldrich, Stryker
and Steris.
Nominees for the Tell Award in the services category
include Biogen/IDEC, CB Richard Ellis, Charter Medical, Colgate-Palmolive,
Cryocath Technologies, Honeywell, Hyatt, Lam Research., Leadership 21, LSL
Group, McCain Foods, Nitec Pharmaceuticals, PC Security GmbH, Timberland and
UPS SCS.
Companies nominated for undertaking the most
significant expansion during the prior year include Agile Corporation, Allied
International, Amgen, Club Airways, eBay, Fossil, LPK and Microsoft.
The Tell Award for the most innovative
"disruptive" technology will go to one of the following companies:
Google, Delta and Pine Land (DPL), Genzyme, Healthtronics Surgical Services,
and Viventia Biotech.
-0-
Press wishing to attend the award luncheon please contact Caroline Blaser
212 599-5700 ext.1034 or caroline.blaser@eda.admin.ch
Further
Information:
John Williamson 908 730-9622