Greene Tweed extends global reach
Greene Tweed, a manufacturer of thermoplastics, composites, seals, and engineered components, has announced the completion of its new manufacturing facility in Ochang, Cheongju-si, Chungcheongbuk-do, Republic of Korea.
The new facility, which is equipped with advanced manufacturing technology as well as solar panels and greywater recycling, will commence sample production immediately and transition to commercial production by September 2024.
"The opening of this facility represents a pivotal step in our strategic growth plan," said Magen Buterbaugh, president and CEO of Greene Tweed. "Our investment in Korea not only expands our manufacturing capacity but also strengthens our ability to provide high-quality Chemraz products to our customers, particularly in the semiconductor industry, which is crucial to the global economy."
By increasing its manufacturing presence in Asia, the company expects to improve delivery times, enhance business continuity, and offer greater flexibility and reliability for customers worldwide.
"Greene Tweed’s new manufacturing site in Korea is a testament to our ongoing commitment to innovation and operational excellence," said Thyag Sadasiwan, General Manager, Chemraz. "This facility will initially focus on our Chemraz product line, known for its superior performance in demanding semiconductor applications, and will eventually expand to include other product lines to meet diverse customer needs."