United
Plastics Group, Inc. Gains Asian Presence By Entering
Into Strategic Supply Agreement With First Engineering
Limited
WESTMONT, IL - February 9, 2001 - United Plastics
Group, Inc. (UPG), a full service manufacturer
of plastic products for the electronics, medical,
consumer and industrial/automotive markets, today
announced that they have entered into a strategic
supply agreement with First Engineering Limited
(First Engineering), headquartered in Singapore,
with additional facilities in Malaysia and China.
"Our partnership with First Engineering
is evidence of our continuing commitment to provide
our customers with a global manufacturing presence
to support their global manufacturing needs,"
explains William J. Kriss, president and CEO of
United Plastics Group, Inc. "We're excited
to offer our customers that have an Asian presence
the caliber of services that First Engineering
offers since they are well known internationally
for their competitively priced, quality products
and efficient services."
About First Engineering Limited
First Engineering, incorporated in Singapore in
1980, has been listed on the Singapore Exchange
Securities Trading Limited since 1994 and is currently
trading on its Main Board.
First Engineering is a leading designer and manufacturer
of high precision molds, with additional molding
facilities in China (Shanghai and Guangzhou) and
Malaysia (Johor Bahru and Penang). As a leading
custom manufacturer of precision plastic components,
plastic gear mechanisms and optical products in
Asia, First Engineering has state-of-the-art machinery
to meet the time-to-market and time-to-quality
demands of its customers. First Engineering is
constantly innovating and improving on its design,
mold, process and automation capabilities and
has set up a Technology and Design Centre for
this purpose.
About United Plastics Group, Inc.
United Plastics Group, Inc. headquartered in Westmont,
IL, is a full service manufacturer of precision
plastics products and value-added services for
the electronics, medical, consumer and industrial/automotive
markets. United Plastics Group operates state-of-the-art
facilities in California, Canada, Florida, Illinois,
Kentucky, Massachusetts, Mexico, Minnesota, Texas,
and the United Kingdom.
United Plastics Group recently acquired custom
injection molder OR Plastics, Inc. on June 5,
2000, Supreme Plastics, Inc. on June 30, 2000,
and $250 million injection molder SPM on July
25, 2000. United Plastics Group completed these
transactions with their financial partner, Aurora
Capital Group of Los Angeles, CA, an investment
firm that acquires and builds companies in partnership
with operating management.
News
Index
|