Located in Trenton, New Jersey, Falken has earned a stellar reputation as a diversified conglomerate that operates in chemicals, wet wipe and biodegradable technology. Today, Falken took a major step towards prominence with the announcement of a multi-million dollar investment in enhanced and additional product lines.
The investments are motivated by increased demand and market share as well as a very favorable projection for the next two years. Included in the enhanced production lines is a new aerosol facility which is scheduled to be in full operation by the first half of 2012.
One of the leaders at Falken is Manuel Garcia-Faure who serves as the Communications Officer. When asked what this announcement means to the future of Falken, Garcia-Faure was quoted as saying, “We are expanding our production capacity and consolidating our position among the largest producers of impregnated wipes and specialty chemicals in the world. This is in line with our strategic plan which provides for growth and internationalization. In addition, we are confirming our vocation for investments in state-of-the-art technology, the continued financial strength of our company and foremost, the commitment to our shareholders.”
Currently, Falken Industries is trading in the $0.12 range. To learn more the company, visit its corporate website at www.falkenltd.com
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