Penn Color Opens First Production Facility in Thailand

Penn Color Opens First Production Facility in Thailand Penn Color, Inc. has taken a significant step in expanding its production capabilities with the opening of a state-of-the-art facility in Rayong Province, Pluak Daeng Sub-District, Thailand. Located in the heart of the Eastern Economic Corridor (EEC) and positioned near major industrial zones and Thailand's largest ports, this new plant enables Penn Color to supply high-quality colorant and additive masterbatches to markets across the Asia-Pacific region. "This state-of-the-art facility has been designed with exceptional flexibility to meet the most demanding technical and quality requirements for packaging, consumer goods, construction products and transportation. We are bringing decades of experience and our most advanced manufacturing techniques to this location," says Scott Stamback, Vice President of Sales for EMEA and Asia. Specifically designed to enable future expansion to meet rising demand in the APAC region and beyond, one of the facility's most notable features is that its primary equipment utilizes the latest technology for energy efficiency. Stamback notes, "The team managed to deliver on time despite having to navigate the challenging waters of the pandemic in the early stages of this project." With the country's strong customer base, raw material availability, industry expertise and highly skilled workforce, Thailand proved an ideal location for establishing a production presence as the company further strengthens its footprint in Asia. Additionally, Thailand's Board of Investment (BOI) promotes policies aimed at advancing the country's development toward Industry 4.0 standards by utilizing modern technology and infrastructure to operate with the highest levels of efficiency. Penn Color is excited to be part of this progress and confident that its new Thai facility will thrive as it works toward advancement and growth objectives in the region. Penn Color's new production facility in Thailand is a strategic complement to the company's Technology Center in Singapore, which opened in January of this year. The two facilities are designed to work together, leveraging their respective strengths to provide the market with unique speed and flexibility. "Penn Color has earned the trust of major customers on a global scale. The openings in Singapore and now Thailand demonstrate our commitment to meeting customer expectations for advanced colored and functional additive masterbatch technologies in the Asia-Pacific region," says Kevin Putman Jr, President and Chief Executive Officer of Penn Color. "In this highly competitive market, we are committed to delivering capabilities with the latest technology and an exceptional customer experience to enhance our customers' success," he added.   Source