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Tekni-Plex Announces $15 Million
Investment in New China Manufacturing Facility
New facility supports Tekni-Plex's continued commitment to
global supply network
Wayne, Pa. (June 8, 2017) —Tekni-Plex, Inc. is announcing a
$15 million investment in a new state-of-the-art manufacturing facility in
Suzhou, China, near Shanghai. It represents the single largest recent investment
by Tekni-Plex and reflects the growing needs of the Asia-Pacific pharmaceutical
and medical device market. Production for some product lines has already begun.
Initially, the more than 140,000-square-foot
(13,000-square-meter) facility will manufacture products for Tekni-Plex’s Natvar,
Colorite and Action Technology business units. The facility will feature three
Class 100K cleanrooms to accommodate medical-grade tubing and components
production plusone Class 10K cleanroom that will produce Natvar’s pharma-grade
tubing.
The facility also will produce Natvar’s recently-announced
silicone extrusion tubing for catheters, feeding tubes, drug delivery and
peristaltic pump applications, as well as micro extrusion tubing that targets a
wide variety of demanding neurovascular interventional therapies and surgical
applications. The facility will also manufacture Colorite custom compounds for
medical device applications, and Action Technology’s dip tubes used in a wide
variety of food/beverage, pharmaceutical, personal care, industrial and
household pump applications.
“Tekni-Plex’s investment in our new China facility is another
step in our continuing commitment to support our customers with robust global
supply. Pharmaceutical, medical device and other manufacturers want access to
exactly the same components and materials regardless of where in the world their
manufacturing facility is located. It is our goal to meet those objectives,”
said Paul Young, chief executive officer.
Tekni-Plex is in the process of phasing out production at its
existing facility in Suzhou that it has operated since 2005.
About Tekni-Plex, Inc.
Celebrating its 50th anniversary in 2017, Tekni-Plex is a
globally integrated company focused on developing and manufacturing innovative
packaging materials, medical compounds and precision crafted medical tubing
solutions for some of the most well-known names in the medical, pharmaceutical,
personal care, household and industrial, and food and beverage industries.
Tekni-Plex is headquartered in Wayne, Pennsylvania, and operates 30
manufacturing sites across eight countries worldwide to meet the needs of its
global customers. For more information visit www.tekniplex.com.
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