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What's New » In Response to Strong Sales Growth, Maguire Asia Opens New Headquarters Twice the Size of its Older Facility

In Response to Strong Sales Growth, Maguire Asia Opens New Headquarters Twice the Size of its Older Facility

SINGAPORE, April 17, 2009: Maguire Products Asia Pte Ltd. has relocated its headquarters to a brand-new facility nearly double the size of the building occupied by the company since it started business five years ago. The move follows a 2008 sales year in which the company’s business volume for all of Asia grew 40% over that of 2007 and 100% in India alone, noted Hubert Nerlich, managing director of Maguire Asia.

Maguire Asia is now headquartered in a newly-built 925 sq.m structure with easy access to Singapore’s Changi International Airport. In addition to offices for sales and technical service, the facility includes extensive space for stocking machinery and parts and demonstrating blenders, dryers, loaders, and centralized raw material handling systems.

The new facility will enable Maguire Asia to keep pace with a rapidly expanding range of new products and further strong sales growth, according to Mr. Nerlich. “In five years of doing business, Maguire Asia has introduced a remarkable number of equipment systems that have no direct counterparts elsewhere and that help processors simplify material management, increase dosing accuracy, save on raw materials, and reduce energy consumption,” he said. “That is why our long-range outlook is very positive even amidst the current economic downturn.”

Just in the past eighteen months, Mr. Nerlich pointed out, Maguire Asia has introduced the space- and energy-saving IntelliPET™ dryer for PET resin, the desiccant-free NovaDrier® membrane dryer, the NovaWheel™ desiccant wheel dryer, the low-cost MGF™ gravimetric color feeder, the transparent and easy-access GlassVu™ loader, and the FlexMaster™ control for easily expanding raw material handling systems.

In addition to these products, Maguire Asia offers the full range of more established Maguire equipment systems, such as the high-accuracy, self-adjusting Weigh Scale Blender, the fast-cycling, energy-conserving LPD™ vacuum resin dryer, and blender-based LineMaster™ extrusion yield control software.

Maguire Asia is a subsidiary of U.S.-based Maguire Products, Inc. Besides its Singapore offices, Maguire Asia operates five offices in China through its Maguire China unit, which is headed by Marshall Guo. Other countries in Asia are represented through a network of agents. Information on office locations and agent contacts is available at www.maguire.com.

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MAGUIRE PRODUCTS ASIA PTE LTD. is headquartered at No. 15 Changi North Street 1, #01-15, 1-Lofts, Singapore 498765. Tel: 65-6848-7117. Fax: 65-6542-8577. Email: magasia@maguire-products.com.sg.

MAGUIRE CHINA is headquartered at 7C-02 Majesty Building, 138 Pu Dong Avenue, Shanghai 200120. Tel: 86-21-588-23410. Fax: -23420. Email: mpa@maguirechina.com. Other China offices are in Beijing, Guangzhou, Xiamen, and Suzhou.

MAGUIRE PRODUCTS, INC., headquartered in Aston, Pennsylvania, U.S.A., is the world’s largest supplier of gravimetric blenders and liquid color pumps and also manufactures loading systems, dryers, auger feeders, and related equipment and software. Its customers include injection, blow, and rotational molders, extrusion processors, and compounders. Founded in 1977, Maguire operates five manufacturing facilities in Aston and Smithfield, Rhode Island, U.S.A. The company maintains a network of distributors in the Americas and overseas and has three sales and service subsidiaries that stock, sell, and service auxiliary equipment systems from Maguire and its affiliate, Novatec, Inc.: Maguire Canada, headquartered in Vaughan, Ontario; Maguire Europe, supporting customers throughout Europe and operating a distribution center in Tamworth, Staffordshire, UK; and Singapore-based Maguire Asia, serving customers throughout South Asia and the Pacific Rim. Visit the Maguire Products web site: www.maguire.com