South Korea Developments
• The Korean branch office of Hernon Ltd. has agreed to signed a joint venture agreement with Hernon Manufacturing granting exclusivity to the territory of South Korea. Hernon Ltd. (Korea) will provide direct order fulfillment and customer support.
• Hyundai Heavy Industries endorsed the use of Hernon Products in their manufacturing processes for their Elevator Division. The company has also placed its first order for one of Hernon's epoxies for use in large windmill generators.
Growth in China
• Last year, Hernon Manufacturing signed a joint venture agreement with the China based ShenZhen Dover Technology Co., Ltd. Under the terms of the agreement, Hernon Dover has been providing direct order fulfillment, product support, and repackaging for Hernon's existing network of Chinese distributors and direct customers. During Mr. Rodriguez's recent visit, he had the opportunity to meet with Hernon Dover executives and discuss the opportunity for the company to expand further into Hong Kong.
• Additional meetings in China allowed Mr. Rodriguez to discuss more than 50 active projects for potential adhesive orders. During the review, sales strategies were put in place in order to successfully bring these projects to close. Some of the potential projects involve utilizing Hernon's products for a wrist GPS system, and blood test devices.
"We are honored to form these critical alliances overseas in South Korea and China as it will allow our company to continue to distribute our adhesive and sealant products globally," explains Harry Arnon, CEO of Hernon Manufacturing. "Given the importance of the Asian market to our overall growth strategy, it is essential that we continue to solidify our existing relationships as well as expand into new markets."
About Hernon Manufacturing
Hernon Manufacturing has been committed to delivering world class adhesive, sealant, and impregnation solutions along with precision dispensing systems for nearly four decades. A long-time member of Central Florida's industrial manufacturing community, Hernon offers strong brands and technologies, all made in the United States, for a diverse range of industries including: Energy/Power Generation, Medical, Electronics, Electrical, Automotive, Appliances, Sporting Goods, Ammunition, Communications, Aerospace, Aviation, High Tech Audio, Defense, Fire Suppression, Transportation, and Marine. Hernon Manufacturing is proud to be an ISO-9001 registered company whose products meet or exceed Mil-Specs. Hernon Manufacturing has been recognized as a top company in Orlando and is listed in the Orlando Business Journal's 2011 Book of Lists. For more information about Hernon Manufacturing, please visit our website at http://www.hernon.com or call 407-322-4000.
Director of Sales and Marketing
(407) 322-4000 ext. 314