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Press Release
Interplex Opens Facility in Hungary
Flushing, NY – October 11, 2005 - Interplex Industries, a leading global provider of metal stamped, plated, and plastic molded components and assemblies, announced today that it has opened a new facility in Kunszentmarton, Hungary, a city located 150 km southeast of Budapest.
The new facility, known as Interplex Hungary, will produce tooling and offer precision metal stamping services. Initially, the company anticipates having stamping presses in the 60 ton to 200 ton range.
"We are very excited about our new facility in Kunszentmarton," said Christian Millet, General Manager of Interplex Hungary. "The manufacturing industry in Hungary, especially the automotive market, continues to grow dramatically. Interplex's new facility is well positioned to meet the needs of our customers and to establish new customer relationships in the region".
"Interplex is committed to offering our customers the most innovative and cost effective, high quality manufacturing solutions," said Jack Seidler, chairman and chief executive officer of Interplex Industries. "Throughout our history, we have been very aggressive in establishing capabilities where our customers need us most. Hungary is an excellent example of a rapidly growing economy with a strong manufacturing heritage."
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