SEDA Specialty Packaging adds tube production to East Coast manufacturing capabilities.LOS ANGELES--(BUSINESS WIRE)--Feb. 3, 1997--SEDA Specialty Packaging Corp. (NASDAQ/NM:SSPC SSPC Society for Protective Coatings (formerly Steel Structures Painting Council) SSPC Steel Structures Painting Council (now Society for Protective Coatings) ) Monday announced that it has added flexible plastic tube production to its East Coast manufacturing facility in Plattsburgh, N.Y. The company said that one production line is now operational and that it intends to add additional lines in 1997. Shawn Sedaghat, SEDA SEDA Staff and Educational Development Association SEDA Sustainable Energy Development Authority (Australia) SEDA Social and Economic Data Analysis SEDA Special Ed Assistant SEDA South East Drift Association chairman, president and chief executive officer, said, "The addition of tube production to SEDA East's existing capabilities will expand our tube manufacturing capacity and improve our competitive profile by enabling us to provide better, more responsive service to our customers in the eastern part of the country. "We are now producing tubes in volume at this facility, and we will add lines beyond those planned for this year as needed as needed prn. See prn order. to meet demand." SEDA Specialty Packaging develops, manufactures and sells specialty plastic packaging products to the personal-care, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , household and industrial chemical and pharmeceutical industries. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained in this release that are not historical facts may contain forward-looking statements that involve a number of known and unknown risks and uncertainties that could cause actual results to differ materially from those discussed. Potential risks and uncertainties include, among other factors, general business conditions, competitive market conditions, success of the company's growth strategy, delays or cancellation of orders, changes in the mix of products sold, concentration of raw materials suppliers, fluctuating raw materials prices, concentration of sales in markets and customers, changes in manufacturing efficiencies, development and introduction of new products, fluctuations in margins, timing of signficant orders, and other risks and uncertainties currently unknown to management. CONTACT: SEDA Specialty Packaging Corp., Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Ronald W. Johnson, 310/635-4444 or Silverman Heller Associates, Los Angeles Eugene G. Heller, 310/208-2550 |
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