MetoKote Opens New German Plant

Berlin/Mannheim (ots) - MetoKote Corporation, a US-based provider
of protective coating for machinery and equipment opens its new
regional coating center today, less than a year after announcing its
expansion to Germany. The new EUR 6.5 million plant in the southern
German city of Mannheim, Baden-Württemberg, was completed in just
over seven months. The new investment serves as a pilot project
focused on reaching further customers in continental Europe. It is
the company's first office in Germany. Germany Trade & Invest
supported MetoKote throughout the investment process.

DeWayne Pinkstaff, President and CEO of MetoKote: "We could not
be more thrilled with our decision to invest in Germany. Thanks to an
efficient investment framework and first-class support, we were able
to quickly choose an investment site and build a state-of-the-art
facility. This has made it possible for us to commence production on
schedule."

The highly dynamic Rhine-Neckar region allows MetoKote to serve
established clients and reach new customers. One major factor in
MetoKote's decision to invest in Mannheim was its close proximity to
agricultural equipment manufacturer John Deere. The agricultural
giant has had its tractor factory and European Headquarters in
Mannheim since 1956.

MetoKote (www.metokote.com) supplies coating applications, such as
electrocoating (e-coat), powder coating, and liquid paint for a
variety of industries. MetoKote's applications are utilized in
agriculture, appliances, the automotive industry, construction
equipment, industrial equipment, recreation, and the truck and bus
segment.

The company was assisted throughout the investment process by
Germany Trade & Invest along with Metropolregion Rhein-Neckar GmbH
(http://www.m-r-n.com/). Germany Trade & Invest is the foreign trade
and inward investment promotion agency of the Federal Republic of
Germany. The organization advises foreign companies looking to expand
their business activities in the German market. It provides
information on foreign trade to German companies that seek to enter
foreign markets.

Originaltext: Germany Trade and Invest
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Contact:
Germany Trade & Invest
Eva Henkel
Email: eva.henkel@gtai.com
T: +49(0)30 200099-173
F: +49(0)30 200099-111