Michelman Increases Capacity by 40%
Michelman recently announced it has invested in additional production equipment at its Singapore manufacturing facility that reportedly increased capacity by 40%. The increase is intended to meet the demands of its Asian markets. The investment supports acquisition activity and organic growth by Michelman in Asia and will reportedly allow the company to better serve its expanding customer base, particularly in China and India.
“With a decade of robust growth in Asia, this investment was needed to allow us to continue developing and delivering advanced materials that meet the needs of our customers,” said Steven Wong, vice president and managing director. “With our increased capacity here in Singapore, coupled with manufacturing facilities in the U.S., Germany, and Belgium, and joint venture manufacturing in Japan, we can satisfy demand faster than ever, across the entire Asia-Pacific region.”
For more information, visit www.michelman.com.