John Schmid writes about Trafficcast’s agreement to create a traffic monitoring system in Shanghai:
“This is a great example of a Wisconsin-developed technology and a Wisconsin-developed business that has found a significant market in China,” Doyle said in an interview in Shanghai.
Much of the hiring will take place in China. In Shanghai, there will be more than 100 employees eventually, adding to the 35 in the United States, Li said. Without giving the company’s annual revenue, she predicts China will catch up to U.S. sales within two to three years.
It’s always great to read about Madison firms in the Milwaukee paper first….