Tredegar Film Products Announces $18M Strategic Investment in Guangzhou, China

Tredegar Film Products, a subsidiary of Tredegar Corporation

, today announced plans to expand its manufacturing presence in Asia. The Company will invest $18 million in a new state-of-the-art extrusion line in Guangzhou, China that will be equipped with a high-performance clean room environment and inspection capabilities. The new extrusion line will be used to increase production of surface protection films to serve demand for Tredegar's premium quality surface protection films used in the growing display market. By building a high-performance clean room environment and inspection capabilities, Tredegar will also be able to meet increasing requirements in the display industry for higher quality-control and standards. The extrusion line is expected to be fully operational by early 2015.