North American investment advisory project and silver sponsor of the AMS Global Conference 2007, Euratlantic, will contribute to the debate concerning the future of car manufacturing in Europe on the 2-3 October in Dearborn, Michigan. Specialists, Hugues Naudet, chargé d' affaires for Invest in Western France and Jean-Claude Germain, Director of Industrial Relations Affairs of PSA Peugeot Citroen and Chairman of Premium Cars Competitiveness Cluster (Western France regions) will explain the role that French, Portuguese and Spanish regions could play in the automotive manufacturing sector.

Euratlantic organizes a series of appointments with American investors, targeting the Tier 1 and 2 decision-making centres of large manufacturers and equipment suppliers as well as the smaller automobile companies working on new technologies, to valorize the excellent car manufacturing opportunities offered by the Euratlantic area
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Euratlantic offers free individual support to North American companies willing to invest in Europe by providing economic and sector information about the area, finding the right contact for development projects and providing in-depth information on locations that meet company criteria.

Euratlantic is a joint project for the promotion of thirteen French, Portuguese and Spanish regions among North American investors with a focus on the automotive sector. Euratlantic is financed by the European Union and the regions within the framework of the Interreg IIIB Atlantic Area program.

PALATINE, Ill. — June 1, 2007 — Schneider Electric today announced the release of the Telemecanique® brand Modicon® M340™ programmable automation controller (PAC), the newest addition to the Modicon line of PACs.The Modicon line began in 1968 with the introduction of the first ever programmable logic controller (PLC), capable of real-time logic solving. It continues today with the Modicon M340 PAC, a platform that not only offers real-time logic solving, but also communication, motion, and database and manipulation capabilities in multiple programming environments. The Modicon M340 PAC joins the Modicon Premium™ and the Modicon Quantum™, Schneider Electric’s other PACs programmed with Unity™ Pro, the latest IEC 61131-3 development software. These PAC’s comprise a full range of programmable controllers designed to affordably and effectively handle the requirements of very simple machine tasks to the most complex machine solutions.