PGI Finalizes Contract With Reifenhäuser Reicofil
“PGI’s strategy of growing on a global basis to provide the right products where customers need them continues to be a focus for our business,” said William B. Hewitt, interim CEO, PGI. “Our strategic relationship with Reifenhäuser Reicofil has been paramount to executing that strategy for many years and we are focused on sustaining the mutually beneficial relationship for many years to come.”
The new line will more than double DNS’s capacity. Construction of the new facility will begin later this year, with installation expected to be complete by the end of fiscal year 2007.