RTP Company Opens Manufacturing Facility In China
Specialty Thermoplastic Compound Facility in Suzhou Industrial
Park Strengthens RTP Company's Ability to Provide Innovative
Plastic Technology to China and Worldwide Customers
WINONA, MN, USA - December 8, 2005 - RTP Company today celebrated
the grand opening of its first manufacturing plant in China. Located in Suzhou
Industrial Park, RTP Company (Suzhou) Ltd is a fully owned subsidiary of RTP
Company, a worldwide leader in the production of specialty thermoplastic materials.
"Our new Suzhou facility is a strategic move towards globalization
necessitated by our growing customer base in Asia and the expectations of our multinational customers who require the same materials anywhere on the globe," said Hugh
Miller, President and CEO of RTP Company. "By building an integrated operation in
Suzhou, we are well positioned to develop efficient, long-term relationships with our
customers and offer improved supply chain management."
The Suzhou location has state-of-the-art manufacturing capabilities and offers
a full complement of customer support, product development, and technical service.
Strategically located in Suzhou Industrial Park, which is near Shanghai, the new
16,000 square meter facility will serve as RTP Company's base in China.
"When making the decision on establishing a plant and physical presence in
China, Suzhou was the clear choice," said Mr. Miller. "Suzhou is located in an ideal
strategic location with an abundance of top-notch talent. And the pro-business attitude
of the CSSD (China-Singapore Suzhou Industrial Park Dev. Co, Ltd) is also
important."
The Suzhou facility represents RTP Company's second manufacturing plant in
Asia. The first Asian facility opened in Singapore in 2002. The company now has seven
manufacturing plants on three continents, plus sales representatives throughout North America, Europe, and Asia/Pacific.
RTP Company, headquartered in Winona, Minnesota, is a global leader in specialty
compounding. RTP Company's engineers develop customized thermoplastic compounds in over
60 different engineering resin systems for applications requiring color, conductivity, flame retardancy, high temperature, shielding, structural, and wear resistant properties.
For more information call (800) 433-4787 or (507) 454-6900, or visit our website at
www.rtpcompany.com.
