8 September 2014
James Cropper plc
(the "Company")
Technical Fibre Products: Expansion of production capacity
The Company's Technical Fibre Products ("TFP") division, a manufacturer of advanced nonwovens, has today announced a commitment to double their current production capacity through the installation of a third manufacturing line based on the company's current proprietary wet-laid technology in response to increasing demand for TFP's nonwovens.
Martin Thompson, Managing Director of TFP, comments that: "The installation of a third production line at TFP is an exciting and necessary step to meet rapidly increasing demand and facilitate the delivery of the company's growth strategy. The installation of the new line is expected to be complete in summer 2015 and represents the latest step in an accelerated programme of capacity and capability improvements for the company, facilitating an increase in capacity to support sales growth, enabling shorter lead times and providing the opportunity to access new markets for which current production constraints have been a limitation."
A full copy of the press release together with future information on Technical Fibre Products and the wider James Cropper plc group is available at www.tfpglobal.com and www.jamescropper.com.
Enquiries: |
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Isabelle Maddock, Group Finance Director |
Robert Finlay/Darren Vickers |
James Cropper PLC |
Westhouse Securities Limited |
Tel: 01539 722002 |
Tel: 0207 601 6100 |
www.cropper.com |
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