U.S. Ambassador to Hungary David Pressman traveled to Gödöllő on February 1.
Ambassador Pressman visited Caterpillar Hungary Component Manufacturing Ltd., a subsidiary of U.S. construction and mining equipment manufacturer Caterpillar, Inc. The company employs hundreds of workers in the fabrication of iron, steel, and other metal for structural applications such as bridges, buildings, ships, boats, and barges at their manufacturing site in Gödöllő.
After touring the facility, Ambassador Pressman said: “American businesses operating in Hungary are an integral part of Hungary’s economy, contributing to the economic prosperity of both Hungary and the United States.” According to 2021 data, bilateral trade is valued at $9.9 billion in merchandise trade and $1.3 billion in service exports. There are more than 1,700 American businesses operating in Hungary, providing jobs to more than 100,000 Hungarians.
In a discussion with students at Török Ignác High School, the Ambassador answered students’ questions about regional and global challenges, current dynamics in the U.S.-Hungary relationship, and how best to strengthen our countries’ partnership. Ambassador Pressman said: “The young Hungarians I met with today were incredibly impressive, engaged, and thoughtful. They give me great hope for the future.”
Following a tour of Gödöllő Palace, the Ambassador thanked Mayor György Gémesi for welcoming the Embassy’s delegation to Gödöllő. They discussed the important role that local governments play across Hungary. Ambassador Pressman said: “It is wonderful to connect with mayors across this great country to discuss how best our countries and communities can collaborate in these trying times.”