CTI Industries Corporation Completes Installation of Latex Balloon Production Capacity
CTI Industries Corporation (NASDAQ: CTIB), a manufacturer and marketer of packaging and storage bags and pouches, metalized balloons, latex balloons, novelty items and printed and laminated films, today announced that it has completed construction and installation of new latex balloon production equipment at its plant in Guadalajara, Mexico and has commenced production utilizing the new equipment. CTI’s subsidiary Flexo International, S.A. de C.V. produces latex balloons at the plant in Guadalajara.