Aug 26 2010
Gloucester Engineering Co. ("GEC"), one of the leading providers of equipment for the plastics extrusion and converting industry, today announced that it has received a $3.3 million order for new blown film equipment from a major customer in Southeast Asia.
The customer produces highly specialized films used in the medical and apparel markets and has had a relationship with GEC for more than 15 years. The equipment will be shipped in the fourth quarter of this year.
Blown film equipment
Carl Johnson, President of GEC, said, “We are very pleased to extend our important, longstanding customer relationships as Gloucester regains its stride as the leading provider of plastics extrusion equipment. We are also proud of the fact that we have been able to guide customers into new specialty process markets and supply them with the right equipment. Gloucester will continue contributing to the success of its customers as we work to keep our business relationships strong, finalize our turnaround and fully regain our market leadership position."