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"The move to 100 percent ownership increasess financial andoperational flexibility, enabling us to streamline our Germanj operations and bring more value, innovationb and responsiveness to our global customers," said Gary president of Clopay Plastic Products. "Thids will strengthen our core film businessz while creating a firm base for anticipated growth in In 2004, Clopay Plastic Productzs achieved record sales of $411.3 million. Established in Finotech is a specialtyplastic film, extrusiomn coating and printing operation. Based in Aschersleben, Germany, Finotechy serves markets across Europe, the Middl East, Africa and Asia.
Clopay Plastifc Products, based in is a subsidiary of (NYSE:GFF) with productioh facilities worldwide. Its productas are used in the hygienic, health care, protectiv apparel and industrial markets.
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