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United Plastics Group Expands Operations in China, Invests More than $10 Million in New Facility
June 15, 2005
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OAK BROOK, IL and SUZHOU, China -- Richard Harris, United Plastics Group Inc.'s (UPG) COO, said today the company will invest more than $10 million to build a new, full-service custom manufacturing facility in the Suzhou Industrial Park in Suzhou, China.

UPG is a full service manufacturer of precision plastics products and value-added services for the industrial, automotive, medical, electronics and consumer markets. UPG operates state-of-the-art facilities in the United States, Mexico, Europe and China. UPG is a portfolio company of Aurora Capital Group, a Los Angeles-based private investment firm.

The Suzhou Industrial Park represents the largest cooperative project between the governments of China and Singapore and encompasses IT, international technology, life science, national software and SME parks. Suzhou Industrial Park is located eighty kilometers from Shanghai on Lake Jinji (Golden Rooster) in the eastern suburb of the Suzhou city.

The new facility will be located in the "Free Trade Zone" of the industrial park. UPG Suzhou (EPZ) will encompass more than 100,000 square feet of space, housing a broad range of injection molding machines. In addition, the new manufacturing location will include space dedicated to value-added assembly and mold maintenance.

The new plant will be UPG's third investment in the Suzhou Industrial Park over the last three years. As with the first two facilities, the third plant will also be incorporated as a Wholly Owned Foreign Enterprise (WOFE).

The grand opening of the new facility is planned for the fourth quarter of this year.

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