Laticrete Opens New Plant in China
Bethany, CT, April 25, 2008--Laticrete International marked the opening of its manufacturing plant in China on April 2 at Songjiang, Shanghai.
The building of the new production and research center in Songjiang, Shanghai started in September 2007 The new plant is the first fully owned Laticrete plant outside of U.S. and has been designed and tailored to meet the quality requirements of Laticrete plants worldwide. Its production line manufactures dry mortars, latex and epoxy products which include tile and stone adhesives, grouts, latex additives, waterproofing, floor underlayments and EIFS systems serving China.
According to Bill Qiu, general manager of Laticrete (Shanghai) Building Material Co. Ltd, “The establishment of the Laticrete plant clearly indicates our company’s long term commitment to China.”
It is expected that within the next decade, Laticrete China will exceed the firm’s U.S. market in overall sales volume.