#Poland #Preformed Line Products #Seville #PLP Poland #PLP Spain

PLP Expands Operations in Europe

In a significant move aimed at reinforcing its presence in the European market, Preformed Line Products Company (NASDAQ: PLPC) has announced the expansion of its operations with a new facility in Poland and a major upgrade at its existing site in Spain. This strategic expansion is driven by increasing market demand and the organization’s commitment to delivering advanced solutions for critical infrastructure sectors, including energy and communications.

New Facility in Poland

PLP is embarking on an ambitious project to construct a state-of-the-art facility in Wieprz, situated in Żywiec County, Poland. This new establishment will replace the current manufacturing operations in Bielsko-Biała and is set to enhance the company’s production capabilities. Expected to be completed in 2026, the facility will not only boost manufacturing space by 30% but also incorporate modern environments dedicated to engineering, operations, and customer support.

Piotr Rozwadowski, Managing Director of PLP Poland, expressed enthusiasm about the new facility, stating, "At PLP Poland, we’re not just building a new facility; we’re building the future of our business in Europe and across the globe." The facility will feature a world-class research and testing laboratory, which will serve as a cornerstone for product innovation and development, expanding the organization's ability to meet evolving customer needs.

Key Highlights of the Poland Facility:

• - Location: Wieprz, Żywiec County, Poland
• - Manufacturing: 30% increase in production space
• - Warehousing: 50% increase in warehouse capacity
• - Innovation: Includes a cutting-edge research and testing laboratory
• - Work Environment: Modern office spaces with enhanced amenities for employees

Major Upgrade in Spain

In parallel, PLP is also expanding its footprint in Southern Europe through significant upgrades to its operations in Seville, Spain. The relocation to a larger facility is a response to growing demand and the need for increased production capacity to support an expanding product portfolio across the region. With a staggering 250% increase in operational space and a 240% increase in office capacity, the Seville site aims to foster collaboration and efficiency among its workforce.

Jose Antonio Rivero, Managing Director of PLP Spain, stated, "Our new facility in Seville represents a major leap forward for PLP Spain. With significantly more space and expanded capabilities, we are better equipped to serve our customers and support new product lines."

Key Highlights of the Spain Facility:

• - Location: Seville, Spain
• - Manufacturing: Expanded lines to accommodate a broader product range
• - Warehousing: 250% increase in operational space
• - Office Capacity: 240% more space designed to promote teamwork and growth
• - Employee Amenities: Enhanced workspaces that prioritize employee satisfaction

Strategic Vision and Future Prospects

Dennis McKenna, Chief Executive Officer of PLP, articulated the significance of these expansions, saying, "These investments reflect our confidence in the long-term growth of the European market and the essential role it plays in our overall global strategy." This transition not only aims to enhance PLP’s operational agility but also responds to the increasing trend of global infrastructure projects focused on grid modernization, renewable energy initiatives, and high-speed broadband implementations.

With operations spanning over 20 countries, PLP is committed to protecting vital connections through its precise engineering solutions, which are trusted across the energy and communications sectors. This dual expansion in Poland and Spain underscores PLP's dedication to ensuring better service delivery and support for its customers as well as aligning its operational framework with global industry demands.

As PLP moves forward with these strategic enhancements, it set its sights on achieving operational synergies that will enhance productivity and position them for future growth opportunities in an evolving market landscape.