W.R. Grace & Co.
W.R. Grace & Co. announced that its Grace Packaging business
plans to build a plant in Kuantan Kuantan is the state capital of Pahang, the largest state in Peninsular Malaysia. It is situated near Kuantan River mouth and facing the South China Sea. The town comprises 58% of Malays, 32% of Chinese, 4% of Indian and 6% of other races. , Malaysia Malaysia (məlā`zhə), independent federation (2005 est. pop. 23,953,000), 128,430 sq mi (332,633 sq km), Southeast Asia. The official capital and by far the largest city is Kuala Lumpur; Putrajaya is the adminstrative capital. . The plant represents a
capital investment of more than $40 million for Grace Packaging and,
when completed, will help to satisfy the demand for its Cryovac
packaging materials in the Asia Pacific region. The 90,000 sq. ft.
facility will be built on a 75 acre site that is large enough to
accommodate other Grace business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets in the future.
COPYRIGHT 1994 Lippincott & Peto, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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