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Plastic Capital Unit opens Thailand factory |
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Plastics Capital, an acquisitive plastics products manufacturer focused on proprietary products for niche markets, said Monday one of its subsidiaries, BNL (U.K.), a UK-based plastic bearing designer and manufacturer, is opening a factory in Thailand to streamline its supply chain and increase capacity as its operations continue to expand. To accommodate future expansion and following significant growth over the past two years, BNL is establishing a purpose-built factory near Rayong, one of Thailand's thriving industrial and manufacturing centres. The new factory will be handed over to BNL in June and production will commence in Oct. this year. The factory will predominantly benefit BNL's local customers by bringing production closer to their own manufacturing bases. The site is also close to one of BNL's major suppliers, creating efficiencies throughout the entire supply chain. Initially taking on assembly of parts for some Asia-based customers, there will be further opportunities to transfer other assembly work and moulding activities to the factory. A team of 50 assemblers will commence operations during August and September. Additional staff will operate seven new Krauss Maffei moulding machines ranging from 35 - 160 tonnes, bringing BNL's total machine count to 40.
Gavin Charlesworth,
who joined BNL in May, will oversee the Thailand operation as the
Managing Director of BNL (Thailand). Charlesworth has lived and worked
in Thailand for 10 years and is experienced in setting up operations in
Thailand, Malaysia and China for international manufacturing giants such
as Flextronics and Sanko Gosei. |
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Dow Jones/London, 16.06.2008 |
