Writing pen maker Newell Rubbermaid (NYSE: NWL) has opened its new ink plant in Manchester, TN, according to Associated Press.
The company announced Thursday that its Liquid Manufacturing and Technology Center was operating in the Coffee County Industrial Park.
Penny Stock Professor, a leading financial publication, is pleased to alert investors of stocks on the move. Sign Up for our Free Penny Stock Picks.
The new plant is manufacturing ink for use in the company's Sharpie markers and Paper Mate pens.
Company officials said the plant contains 67,240 square feet of space.
The Atlanta-based company moved workers from its former ink plant in Shelbyville to the new facility, about 20 miles away, and said it expected to expand employment later.
Newell Rubbermaid makes markers at its plant in Maryville and maintains a distribution center in Shelbyville.
Follow us on Twitter: http://www.twitter.com/pennystockspro
Sign up for the free Penny Stock Professor newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
About Us
Penny Stock Professor is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
