06/28/2013

www.plasticker.de

SO.F.TER. to open new plant in U.S. for the production of engineering plastics and thermoplastic elastomers

Located in Lebanon, Tennessee, SO.F.TER. U.S. will offer the U.S. market a comprehensive product range, with personalized services and strong customer focus.

The SO.F.TER. GROUP, one of the world's largest independent compounders with headquarters in Forlì, Italy, announced the construction of a new operation in the United States. The new business, based in Lebanon, Tennessee, will be dedicated to the production, development and sale of engineering plastics based on polyamide, polypropylene, thermoplastic elastomers and other advanced solutions for the U.S. market. Based on its extensive expertise and broad list of approvals developed over the last 30 plus years, SO.F.TER. expects to have a strong presence in the automotive, appliance, construction and electrical markets.

Mark Rodden, who brings more than 15 years of managerial experience in plastics compounding, will serve as Managing Director of SO.F.TER. U.S. "We are excited to be part of this project that will bring the SO.F.TER. Group to the United States”, he said. "SO.F.TER.'s product portfolio is one of the most comprehensive in the industry. SO.F.TER.'s experience, financial strength and long-term view will enable us to focus on customers with a one-to-one approach, based on flexible and tailored solutions.”

"The foundation of SO.F.TER. U.S. is a step of paramount importance in our internationalization strategy”, said Riccardo Meucci, Global Commercial Director of SO.F.TER. GROUP. "In addition to the size and breadth of its markets, we believe the U.S. has excellent prospects for growth. Moreover, the U.S. operation completes our presence in the Americas and complements our presence in Mexico and Brazil. Now, indeed, we can be considered as a global supplier, providing the same high quality products all around the world."

The debut of SO.F.TER. U.S. on the U.S. plastics market will take place in October with a presentation at the SPE Automotive Conference to be held in Detroit from 6 to 9 October 2013, while the official launch will be held at the K 2013 in Düsseldorf (16 to 23 October) where the Group Management will be available to meet clients and journalists.

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