WALDKRAIBURG, Germany (July 25, 2008) — Kraiburg TPE Corp. has opened a production plant in Selangor, Malaysia, to serve the Asian market.
The plant has about 50 employees and is designed for an annual capacity of 2,000 tons. Production is carried out in Malaysia under identical conditions as in Waldkraiburg in Bavaria, Germany, or in Duluth, Ga., in the U.S. to ensure compliance with worldwide quality standards.
In the last three years the company increased sales by 25 percent.