RTP Company, headquartered in Winona, Minnesota, USA and one of the world’s leading custom compounders, officially opened its full service specialty compounding facility today. The Singapore operation, RTP Company (Singapore) Pte Ltd, is a fully owned subsidiary of RTP Company and was established in April this year.
The facility also serves as a technical center and customer support base. It occupies an area of 4,400 sqm in the Tuas Industrial Estate and is RTP Company’s seventh plant and the first to be located outside the United States and Europe. The opening ceremony was officiated by Mr Teo Ming Kian, Chairman of the Economic Development Board.
The primary aim of establishing the Singapore facility is to better support the needs of the Company’s growing Asia-Pacific customer base. For the past 15 years, the Company has had a strong presence in South East Asia, China, Taiwan, Japan and Korea. With closer proximity to its customers in the region, RTP Company will significantly reduce lead times and better service its customers. This full service facility currently has 26 employees and will scale up as necessary.
“We selected Singapore as the location for our first facility in Asia not only because of its stability and pro-business attitudes, but also its advanced infrastructure and strategic location. The abundant talent in the country will be instrumental in establishing our presence in the region. Our Singapore facility fits in perfectly with our global expansion strategy. I could not be more pleased with our Singapore facility. This is truly, a dream come true,” said Mr Hugh Miller, Chief Executive Officer, RTP Company.
Added Mr Wilkin Tang, General Manager of RTP Company (Singapore) Pte Ltd: “RTP Company meets exacting customer application requirements and gives customized support to the entire process. This facility will be an extension of RTP’s policy.”