Tredegar Personal Care to Expand Elastics Capacity in North America
Tredegar Corporation (TG)
US:NYSE Investor Relations:
tredegar.com/investors
Company Research
Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)-- Tredegar Personal Care, an operating division of Tredegar Corporation (NYSE:TG), today announced that it plans to expand its North American manufacturing capacity for elastic fabrics for personal care applications. In response to increased demand for fit and comfort enhancing products for adult incontinence and baby care applications, the Company plans to invest approximately $25 million in new technology and capacity in its Terre Haute, Indiana plant to enable production of its FlexAireTM elastic fabric products. The Company is currently seeking local approval of the expansion, and, pending approval of tax abatements, expects this additional capacity to be fully operational by the fourth quarter of 2019. “Our customers have been overwhelmingly positive about our new product launches under the FlexAireTM brand. These new products offer innovative features that respond to
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Sec Filings
- 4/22/24 - Form 8-K
- 4/15/24 - Form SC
- 4/8/24 - Form SC
- TG's page on the SEC website