Precise Technology

Type
Business expansion
Country
Poland
Region
Makroregion centralny; Łódzkie; Miasto Łódź
Location of affected unit(s)
Lodz
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22 - Manufacture of rubber and plastic products
22 - Manufacture of rubber and plastic products
130 jobs
Number of planned job creations
Job creation
Announcement Date
15 July 2005
Employment effect (start)
Foreseen end date

Description

U.S. leading injection moulder has chosen Poland for its first plant in Central and Eastern Europe. Precise Technology will open a new injection moulding facility in Łódź during the first quarter of 2006. The move comes a in support of a major Precise customer, according to President and CEO Michael Farrell. 'Poland is becoming one of the countries of choice for contract injection molding,' said Farrell. Precise will run a 3,500 square metre facility, which will house 14 molding machines with high-speed robotics and assembly.

Sources

  • 15 July 2005: The Polish Information and Foreign Investment Agency
  • www.paiz.gov.pl

Citation

Eurofound (2005), Precise Technology, Business expansion in Poland, factsheet number 62037, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62037.