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UPM Rafsec To Build RFID Production Facility In U.S.

May 20, 2005
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UPM Rafsec, a Finland-based global supplier of RFID tags, has announced plans to build a new state-of-the-art RFID production facility in Fletcher, NC, in order to bolster the company's position in the North American market where demand for EPC- (electronic product code) compliant RFID tags is growing dramatically. The new factory, located in the vicinity of Raflatac's U.S. pressure-sensitive labelstock production facility, will specialize in the production of high-quality UHF (ultra-high frequency) tags. The investment is part of a $24 million investment program, which, when fully implemented, will enable an annual capacity of one billion RFID tags. The new factory will begin operations in the final quarter of 2005.

For more information, visit http://www.rafsec.com.

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