Motivating Graphics establishes $8m base in Hungary
Texas-based product packaging maker Motivating Graphics is spending more than $8m to outfit a plant at a property it is renting in Komarom (NW Hungary), managing director of the company’s Hungarian unit Ray Christopher Clark said at a press conference on Wednesday.
The plant is Motivating Graphics’ first base in Europe: it will supply markets in Denmark, Germany, Romania, Slovakia and Sweden, Mr Clark said.
Motivating Graphics makes packaging for electronics products made by Motorola, RIM, Samsung and ZTE.
The family-owned Motivating Graphics employs more than 1,000 people at its bases in the US, Mexico, Argentina and Malaysia. It has annual turnover of $200m.
ADVERTISEMENT
Poland Inflation Surges in February
Parliament Negates Mandatory Membership in MOK
Civita Group Inaugurates HUF 2.5 bln Pasta Plant
Kinizsi Castle Reopens in Nagyvázsony
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
