Manufacturing Industry
Key finds confidence in Eastern Europe.(Key Plastics L.L.C.)
Plastics News, August, 2004 by Miel, Rhoda
Byline: Rhoda Miel Key Plastics LLC has made the transition from bankruptcy to new ownership to stability and now the company is moving forward, with plans in hand to build an $18 million auto supply plant in Slovakia. The 350-employee operation in Dolny Kubin will be Key's second molding operation in Eastern Europe, making parts for the growing ranks of carmakers in the region.
"In terms of an evolution, you first have to stabilize,'' President and Chief Operating Officer Tim Nelson said during an interview at the auto industry's Management Briefing Seminars in Traverse City. "There's quality, fixing your costs, the right cost structures. You work on those first because if you're not doing those right, then nothing else matters. "We feel that we've got...
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