H.B. Fuller (FUL) to Invest Further in Asia Pacific
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H.B. Fuller Company (NYSE: FUL) announced that it will invest further in its Asia Pacific region through building a new hot melt moisture cure (HMMC) and polyisobutylene (PIB) manufacturing facility in China. This investment is in line with the Company's five-year strategy and focus on geographic expansion.
Construction on the new facility is expected to commence in early 2009 with production expected to begin in early 2010. The new facility, together with the Company's new Asia Pacific technology center, will enable the Company to more fully serve the needs of its customers in the region. The facility will produce specialty adhesives for textile and performance wood applications, which include insulating glass, textile lamination, and footwear.
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