H.B. Fuller to Invest Further in Asia Pacific
July 24, 2008
ST. PAUL, MN - H.B. Fuller Co. has announced that it will invest further in its Asia-Pacific region through building a new hot-melt moisture cure (HMMC) and polyisobutylene (PIB) manufacturing facility in China.
Construction on the new facility is expected to commence in early 2009 with production expected to begin in early 2010. The new facility, together with the company's new Asia-Pacific technology center, will enable the company to more fully serve the needs of its customers in the region. The facility will produce specialty adhesives for textile and performance wood applications, which include insulating glass, textile lamination and footwear.
"H.B. Fuller is committed to investing for organic growth in key developing economies, including the Asia-Pacific region. The new plant further supports this strategy by building an enhanced supply chain capability to better serve our customers in this region. We are confident that this will further accelerate our existing organic growth profile in Asia," said Michele Volpi, President and Chief Executive Officer.