VIFAN USA, Inc.: Ribbon Cutting Marks Major Expansion

November 2009  Morristown, TN - VIFAN USA celebrated its completed 130,000 square foot expansion by hosting a Morristown Area Chamber of Commerce ribbon cutting on site.

Representatives from the Tennessee Valley Authority and the Tennessee Department of Economic and Community Development joined city and county officials, along with Chamber staff and ambassadors at the facility for the ceremony, reception and tours.

Vittoriano DiLuzio, VIFAN USA president, addressed the large crowd that gathered just outside one of the two additions to the original building. He thanked his employees for their hard work and loyalty and credited the team of engineers led by John Heckman, project manager, for the successful completion of the 19 month project. "You made this possible," he said.

DiLuzio recalled the multi-million dollar challenge that presented itself in 2005. When company shareholders decided to invest an estimated $30 million in a new project planned for China, he flew to headquarters in Europe and presented his own plan - for $72 million.

A sense that "now is the moment" inspired DiLuzio to convince the shareholders that manufacturing in the United States would be a valuable investment. He was buoyed by his faith in his employees - "if you do everything right, with the right people, in the right moment, success will come," he said. He told the investors, "We will be able to sell more than Vifan product. We will sell Vifan addiction to our customers. Give me the money - I will give you success."

Referring to the assumption that manufacturing must go to Asia as the "Wal-Mart philosophy," DiLuzio told the crowd he predicted it could kill the U.S. economy. "It makes shareholders richer and the Chinese economy stronger..... I'm glad we do this job.... A great country like America must find a way to bring manufacturing back here. I hope that today will set an example of how to do it. We can show that manufacturing can grow and survive in this country... We can reset things, because it takes hard work, and we are hard working. It takes loyalty to the company. It takes a lot of discipline. We at VIFAN - if we continue what we are doing - with the same discipline and the same loyalty, three years from now we will be here to celebrate another expansion."

Tommy Olterman, representing the Economic Development branch of the Tennessee Valley Authority, recognized the Morristown Industrial Board, Morristown Utilities System and the State of Tennessee for their partnership efforts with the agency in regard to the project.

R.Jack Fishman, Morristown Industrial Board chair, said "To make this music play and create jobs in this community requires team effort from a lot of people. There were other places this plant could be located. We have the highest quality of workforce in the world. The management that puts all this together, Vittoriano and his team have done a tremendous job."

VIFAN manufactures both clear and metalized biaxially oriented polypropylene (BOPP), which is used primarily in the food packaging industry. BOPP is a pellet-based product, and VIFAN utilizes rail transportation to deliver tons of raw products to the Morristown plant. The company located in Morristown in 1998 and is part of the VIBAC Group, and international manufacturing company based in Italy. The Morristown facility is one of only three company locations in North America. Two other facilities operate in Montreal, Quebec, Canada.

The 130,000 square foot expansion will add a new line to its production capabilities and will result in approximately 55 new jobs for the Morristown area. VIFAN currently employs 120 at the 300,000 square foot plant.

For more information on VIFAN USA, visit www.vibacgroup.com.