Business
Uniroyal Global Expands its Global Presence
Uniroyal Global Expands its Global Presence.
About this update from Uniroyal Global Engineered Products, Inc.
[{"type":"text","content":"\n\n SARASOTA, Fla., May 16, 2017 (GLOBE NEWSWIRE) -- Uniroyal Global Engineered Products, Inc. (OTCQB:UNIR), a leading global provider of vinyl-coated fabrics and soft trim technologies serving the automotive, recreational, industrial, contract, hospitality and healthcare markets, reports that it is currently implementing expansion plans and continued investment in the Asian market, beginning with a new sales, engineering and marketing office in Shanghai’s Financial District in Pudong.  The office will provide sales, marketing technical and logistical support, as well as offer a hub of innovation for the research and development of new vinyl colors, patterns, and designs targeted towards the Asia-Pacific automotive market.\n “China is a significant piece of Uniroyal Global’s growth strategy and this expansion reflects our commitment to investing in one of the largest and most dynamic markets in the world.  Capitalizing on the successful integration of our acquisitions, Uniroyal is continuing to look forward to expanding our global footprint. Pudong is a natural fit for our office, as it is close to all of our major customers in the region. We expect the office to serve as an innovation center to enhance product offerings to the Asian market,” said Uniroyal CEO Howard R. Curd. “With the Asia-Pacific market accounting for 50% of the global coated fabrics market, our presence in Shanghai positions us to showcase our world class design capabilities and expand our business in this growing market.  In addition to our strong presence in the U.S. and Europe, the China office will enable us to broaden our global reach and pursue additional opportunities in the automotive and mass transportation markets,” added Mike Raines, EVP and Global Commercial Director.  About Uniroyal Global Engineered Products, Inc.: Uniroyal Global Engineered Products, Inc. (Symbol:UNIR) is a leading global provider of vinyl-coated fabrics and soft trim technologies. Our companies in the U.S. and Europe utilize 500,000 square feet of manufacturing capacity and feature more than 400 employees dedicated to delivering outstanding products engineered for exceptional performance.  Uniroyal Global’s coated fabrics and soft trim components are featured in many consumer and industrial applications includ...