RadiciGroup improves its Production Plants
Investment in the Strategically Important North American Market
The North American market and the automotive industry, in particular, are strategic for RadiciGroup. That is why the RadiciGroup Performance Plastics Business Area – present in the USA since 1998 – has continued to invest in improving its production plants, increasing production capacity and ensuring prompt customer delivery of its innovative and sustainable portfolio of products available worldwide.
“For us, North America is an extremely important market, where we intend to further strengthen our position,” said Edi Degasperi, CEO of Radici Plastics USA. “This applies, above all, to the automotive sector, which makes up about 70% of our sales in the USA, Canada and Mexico. For this reason, we have continued to invest in our plants, as we have recently done in Wadsworth, Ohio, where a new compound line was added to boost production capacity up to 60 million pounds (about 27 thousand tons) per year. For the current year, additional investments are planned, not only to increase material silo storage capacity but also to improve the air filtering and purification systems in the production areas and to expand material and compound testing by adding new analysis equipment in the testing labs.”
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