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 IMMEDIAPRESS > Servizi > Dettaglio comunicato
9 febbraio 2010 - 09:00
PGI Organizes to Establish Market Leadership in Europe
Polymer Group, Inc. - PR Newswire
CHARLOTTE, North Carolina, February 9 /PRNewswire/ --
- Company Names Scott Tracey to Head Regional Business
Polymer Group, Inc. (OTC Bulletin Board: POLGA; POLGB) (PGI) today announced two appointments in Europe to organize itself to achieve global leadership positions in this region.
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The company has named Scott Tracey vice president and general manager, Europe to lead the company’s operations and growth in Holland, France and Spain. Ton van der Steenhoven also joins PGI as director of finance, procurement and IT for the regional business.
PGI acquired the Tesalca-Texnovo nonwovens businesses in Spain in late 2009, giving it state-of-the-art spunmelt technology in this part of the world and market expansion opportunities into Western Europe and Northern Africa.
Tracey has held various management positions with PGI in the U.S. for nearly six years. Most recently, he was vice president, sales, marketing and business development, leading the commercial efforts in the company’s core hygiene, medical, industrial and wipes markets.
"Scott Tracey has been an instrumental cross-functional leader for PGI, helping to drive the company to be an innovative, market-driven, customer-focused organization guided by our core values and emphasis on operational excellence," said Veronica "Ronee" Hagen, chief executive officer. "He will continue this focus in running the European business."
Tracey has more than 18 years of experience working for manufacturing companies, including SOLO and Sweetheart Cup. He holds an MBA from Georgia State University and a bachelor’s degree in marketing from Indiana University.
With over 20 years of experience in finance at multi-national, van der Steenhoven formerly was chief financial officer for Kroymans Corporation. He holds an MBA from the University of Utrecht and a bachelor’s degree in economics.
"We are pleased to have Ton van der Steenhoven join PGI and bring his expertise in finance, procurement and IT to our European business," Hagen said.
Polymer Group, Inc., one of the world’s leading producers of nonwovens, is a global, technology-driven developer, producer and marketer of engineered materials. With the broadest range of process technologies in the nonwovens industry, PGI is a global supplier to leading consumer and industrial product manufacturers. The company operates 15 manufacturing and converting facilities in nine countries throughout the world.
Safe Harbor Statement
Except for historical information contained herein, the matters set forth in this press release are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, that involve certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These forward-looking statements speak only as of the date of this release. Important factors that could cause actual results to differ materially from those discussed in such forward-looking statements include: general economic factors including, but not limited to, changes in interest rates, foreign currency translation rates, consumer confidence, trends in disposable income, changes in consumer demand for goods produced, and cyclical or other downturns; cost and availability of raw materials, labor and natural and other resources and the inability to pass raw material cost increases along to customers; changes to selling prices to customers which are based, by contract, on an underlying raw material index; substantial debt levels and potential inability to maintain sufficient liquidity to finance our operations and make necessary capital expenditures; inability to meet existing debt covenants; achievement of objectives for strategic acquisitions and dispositions; inability to achieve successful or timely start-up on new or modified production lines; reliance on major customers and suppliers; domestic and foreign competition; information and technological advances; risks related to operations in foreign jurisdictions; and changes in environmental laws and regulations. Investors and other readers are directed to consider the risks and uncertainties discussed in documents filed by Polymer Group, Inc. with the Securities and Exchange Commission, including the company’s Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
For media inquiries, please contact:
Cliff Bridges
Global Marketing and HR Communications Director
+1-704-697-5168
Per maggiori informazioni: Cliff Bridges, Global Marketing and HR Communications Director, +1-704-697-5168,
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