Interview: Paul J. Young, chief executive officer discusses $15 million investment in new China facility.
Publication/date: Packaging World/June 2017.
Business unit or corporate: TekniPlex, Inc.
Article excerpt:
Tekni-Plex, Inc. invested $15 million into a new manufacturing facility in Suzhou, China, near Shanghai. It represents the single largest recent investment by TekniPlex and reflects the growing needs of the Asia-Pacific pharmaceutical and medical device market. Production for some product lines has already begun.