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FACTON Unveils New Costing Office to Support Rapid Growth in US-Market


FACTON opens new office in Troy, MI as one of many steps FACTON will pursue to support its growth initiatives in North America.

Potsdam, Germany, May 25, 2016. FACTON, a global technology company providing leading Enterprise Product Costing (EPC)-software for manufacturing industries, is investing in the North American market by opening a new office, located at 101 West Big Beaver in Troy, MI. The office opening brings FACTON developed solutions closer to its North American customers and marks a cornerstone of activities for FACTON in North America.


Today, FACTON solutions help manufacturing companies transform the way they think about costing and delivers a platform for competitive advantage. FACTONs Enterprise Product Costing cloud unifies all enterprise cost data into a single costing application to ensure all departments are working from the same data resources. The end result is accurate cost calculation of products, projects, customer cost estimates, and supplier costs which delivers a “single version of the truth” for Finance, Purchasing, Engineering, Sales and Executive Management.


”The North American market represents great potential for FACTON. Customers including TI Automotive, Mahle, Brose, Trelleborg and Harman already use FACTON technology to standardize cost management across the enterprise - all have a local presence in metro Detroit. The new FACTON office represents local support for our existing and growing customer base in North America,” explains Alexander M. Swoboda, CEO of FACTON.


FACTON was careful about the office selection to promote our company culture of open collaboration which ultimately supports rapid development / rapid delivery of FACTON solutions to the 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. “Our goal is to hire top notch talent to support our dynamic and growing team. We have openings in cost management, finance, consulting, and sales. Approximately 75% of those new hires will be located in the metro Detroit area. If you would like to be a part of FACTONs growing team, please reach out to us at jobs(at),” explains Ruediger Stern, President of FACTON, Inc.