Business Services Industry

H.B. Fuller to Establish Technology Center in Asia Pacific

Business Wire, March 28, 2008

ST. PAUL, Minn. -- H.B. Fuller Company (NYSE: FUL) announced that it will establish a regional lab in Shanghai, as part of its five-year strategic plan. The move will facilitate innovation and the development of customer intimacy, and ultimately, help drive growth in the Asia Pacific region. The new lab will focus on reactive chemistry, and help the company promote product development and localization of initiatives in key markets, including Performance Wood, encompassing Window; Flooring; and Textile, which includes Footwear. H.B. Fuller is currently working to identify a site for the lab; it is anticipated that operations will be underway later this year. Beyond the formation of the lab, additional technical resources are being dedicated within Asia Pacific to support acceleration of growth in the Hygiene (Nonwoven) and Packaging industries, further enabling the company to be responsive to the needs of regional customers.

"We are committed to accelerating growth in this important region, and the addition of a lab is a critical step," said Michele Volpi, president and chief executive officer of H.B. Fuller. "By basing technical support in Shanghai, rather than sourcing it from other regions, we can better serve customers, add value to our offerings, and foster innovation."

About H.B. Fuller Company:

H.B. Fuller Company is a leading worldwide formulator and marketer of adhesives, sealants, paints and other specialty chemical products, with fiscal 2007 net revenue of $1.4 billion. Its common stock is traded on the New York Stock Exchange under the ticker symbol FUL. For more information, please visit the Web site at www.hbfuller.com.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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