Deindustrialization: Goodbye, Germany | TIME ONLINE

Surveys show: Many entrepreneurs are thinking about moving their production abroad. Associations warn of the downfall of the industry. But what is really happening at the heart of the German economy?
© Milena Schilling for ZEIT for entrepreneurs
Joachim Maier points to the green meadow behind his factory, where a second production hall will soon be built. The construction area has already been marked out with wooden sticks. “We want to double our production area by next summer,” says the managing director of the German tool manufacturer Wefa. That sounds like growth for the Federal Republic, but it’s just wrong. The site of Maier’s company is located in Thayngen, Switzerland, and is directly adjacent to the local customs property. The German and Swiss flags flutter around the company logo next to the entrance. Maier spends three out of five working days here, just a 20-minute drive from the company’s headquarters in the southern Baden town of Singen on Lake Constance. Wefa has been producing in the since 2005 Switzerland. And now the company is expanding its production here again. For around four million euros.