The Klöckner Pentaplast Group, the largest North American producer of rigid polyester films, is pleased to announce that it has added new polyester production capacity at the company's Rural Retreat, Virginia, manufacturing facility. The new line will
increase capacity for high-performance polyester films to support growth in full-body shrink-label, general-purpose thermoforming, medical device, and all-plastic box packaging applications. Klöckner Pentaplast invested $4.9 Mio USD (€3.6 Mio) for the expansion.
"This polyester capacity expansion will enable us to continue to support our customers' growing global demand for high-quality polyester packaging films, especially in the US," notes Michael Tubridy, president and COO, Klöckner Pentaplast/Americas. "In addition, the added capacity will allow us to further enhance new product development capabilities."
About the Klöckner Pentaplast Group
The Klöckner Pentaplast Group is the world's leading producer of films for pharmaceutical, medical device, food, electronics, and general-purpose thermoform packaging, as well as printing and specialty applications. Founded in 1965 in Montabaur, Germany, Klöckner Pentaplast has grown from its initial facility to 19 current production operations in 11 countries.
The Klöckner Pentaplast Group is wholly owned by affiliates of The Blackstone Group. The company has sales of over $1.6 billion (€1.1 billion) and employs more than 3,200 people committed to serving customers worldwide. For more information, visit our web site at www.kpfilms.com.
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