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 Gordonsville, Virginia – September 4, 2007 – The Klöckner Pentaplast Group announced today that it will add to its North American production capacity for polyester films. Primarily used for thermoformed packaging and food packaging applications, the new polyester film capacity will be located at the company’s Beaver, West Virginia, manufacturing facility and is expected to add 15 new employees. Start up is targeted for March 2008.
“This expansion will enable us to continue to support our customers’ growing demand for high quality polyester films. The added capacity will allow us to meet future global market demand and further enhance new product development capabilities,” notes Michael Tubridy, president and COO of Klöckner Pentaplast/Americas.
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 20 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 $1.5 billion (Euro 1.2 billion) and employs more than 3,400 people
committed to serving customers worldwide. For more information, visit our web site at
www.kpfilms.com.
Contact for Corporate and The Americas:
Nancy E. Ryan
Manager of Global Communications
Klöckner Pentaplast Group
+1.540.832.1427
+1.540.832.1419 Fax
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Contact in Europe and Asia:
Caroline Funk
Vice President, Marketing & Innovation
Klöckner Pentaplast/Europe & Asia
+49.2602.915.148
+49.2602.915.197
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