CEO Ronald Roudebush discusses international expansion for Standard Products.

NEW YORK--(BUSINESS WIRE)--November 10, 1998--The Wall Street Transcript has published an in-depth interview with Ronald Roudebush of Standard Products (NYSE:SPD), in which he talks at length about his company's position as a global producer of highly engineered polymer-based products for the automotive, appliance and retread industries.

International in a big focus of Standard Products, says Roudebush: "About 30% of our sales come from outside North America. Our intentions are to expand globally. We have very high market shares in North America in really all the products and markets that we serve. We are a leader in Europe in sealing systems, but we have some holes that we're looking at filling over there with some customers."

"We also are targeting emerging markets. So by definition we should see that international sector grow for us. As an example, a couple of years ago we launched a major facility in Brazil that has grown to be about $80 million in sales and is doing well for us. Although Brazil's economy is a little shaky, we are a fairly dominant force in that business down in Brazil."

"We inaugurated this year a new facility in Mexico which is just now coming up, and we in fact are building a new plant in Poland in order to serve the emerging markets in Eastern Europe. So just those things by themselves should cause our sales from outside the U.S. and Canada to grow."

To read the complete interview, go to http://www.twst.com/pdf/spd.pdf. It requires Adobe Acrobat(TM) reader to view the document. The Wall Street Transcript does not endorse the views of any interviewee nor does it make stock recommendations.

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