Manufacturing plant purchased to meet customer demand.
Vaccine distribution COVID-19 (coronavirus) increased consumer confidence. Simultaneously, global supply chain disruptions continued. As a result, RPM International Inc. (RPM) purchased a manufacturing plant in Corsicana, Texas from ChampionX Corporation in September of 2021. The new plant is anticipated to expand production of RPM’s high growth product lines. In addition, the location of the manufacturing plant is estimated to reduce the strain on RPM’s supply chain. The fully operational manufacturing facility has more than 80 existing employees, with the potential to hire more in the future.
COVID|Labor|New ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.