Reichhold Adds Gel Coat Production in Fredrikstad.Business Editors RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C.--(BUSINESS WIRE)--Nov. 8, 2001 Reichhold, Inc. announces a significant investment to expand its facilities in Fredrikstad, Norway, to include the production of gel coats. "This is an excellent facility for us, allowing us to effectively supply our customers in Scandinavia, which is a very important market for Reichhold," commented Julia Harp, senior vice president of Global Composites. "This new investment and operation in Fredrikstad enables Reichhold to introduce new and more efficient technologies, which will provide improved service levels to our customers. The project also includes a new warehouse for finished goods including trading products which make it possible to ship all major product lines from one single source," said Finn Kristiansen, vice president of Global Composites Operations. Earlier this year (January 2001) Reichhold completed another major investment on the Fredrikstad site. New distribution offices, maintenance workshops, a warehouse for raw materials, intermediates and finished goods were built to complete the plant's structure. These departments existed earlier but at a premise that was unfunctional. The plant is scheduled to operate in January 2003. For more information on Reichhold visit www.reichhold.com or e-mail composites@reichhold.com . About Reichhold, Inc. Reichhold, with its world headquarters and technology center in Research Triangle Park, NC, is a leading manufacturer of adhesives, coating resins, polyester resins Polyester Resin - Unsaturated Polyester Resin. The term generally used for unsaturated (means containing chemical double bonds) resins formed by the reaction of dibasic organic acids and polyhydric alcohols, basic component of SMC/BMC. and synthetic latex latex, emulsion of a polymer (e.g., rubber) in water (see colloid). Natural latexes are produced by a number of plants, are usually white in color, and often contain, in addition to rubber, various gums, oils, and waxes. emulsions for the coatings, adhesives, plastics, paper, textile, carpet, construction, transportation, marine and graphic arts graphic arts: see aquatint; drawing; drypoint; engraving; etching; illustration; linoleum block printing; lithography; mezzotint; niello; pastel; poster; silk-screen printing; silhouette; silverpoint; sketch; stencil; woodcut and wood engraving. markets. With manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , Europe and the Middle East, the company has annual sales of $1.2 billion. Founded in 1927, Reichhold is a subsidiary of Dainippon Ink & Chemicals (Tokyo, 4631), the world's largest producer of printing inks and polyester resins. |
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