PLP EXPANDS EUROPEAN OPERATIONS WITH NEW FACILITY IN POLAND AND MAJOR UPGRADE IN SPAIN

PLP has officially begun construction on a new multi-purpose facility in Wieprz, Żywiec County,
"At PLP Poland, we're not just building a new facility, we're building the future of our business in
Poland Facility Highlights
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Location: Wieprz, Żywiec County,
Poland - Manufacturing: 30% increase in production space
- Warehousing: 50% increase in warehouse space
- Innovation & Testing: World-class research and testing laboratory
- Work Environment: Modern offices and enhanced employee amenities
Simultaneously, PLP is expanding its presence in
"Our new facility in
Spain Facility Highlights
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Location:
Seville, Spain - Manufacturing & Warehousing: 250% increase in operational space
- Office Capacity: 240% more office space for team growth and collaboration
- Production Capabilities: Expanded manufacturing lines to support a broader product portfolio
- Employee Amenities: Improved workspaces and facilities
"These investments reflect our confidence in the long-term growth of the European market and the essential role it plays in our overall global strategy," said
Both initiatives reinforce PLP's broader strategic vision of aligning its operations with the accelerating pace of global infrastructure projects in areas such as grid modernization, renewable energy, and high-speed broadband.
ABOUT PLP
PLP protects the world's most critical connections by creating stronger and more reliable networks. The company's precision-engineered solutions are trusted by energy and communications providers worldwide to perform better and last longer. With locations in over 20 countries, PLP works as a united global corporation, delivering high-quality products and unparalleled service to customers around the world.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding the Company, including those statements regarding the Company's and management's beliefs and expectations concerning the Company's future performance or anticipated financial results, among others. Except for historical information, the matters discussed in this release are forward-looking statements that involve risks and uncertainties which may cause results to differ materially from those set forth in those statements. Among other things, factors that could cause actual results to differ materially from those expressed in such forward-looking statements include the uncertainty in global business conditions and the economy due to factors such as inflation, rising interest rates, tariffs, labor disruptions, military conflict, political instability, exchange rates, natural disasters and health epidemics, the strength of demand and availability of funding for the Company's products and the mix of products sold, the relative degree of competitive and customer price pressure on the Company's products, the cost, availability and quality of raw materials required for the manufacture of products, the Company's continued access to financing, opportunities for business growth through acquisitions and the ability to successfully integrate any acquired businesses, changes in regulations and tax rates, security breaches, litigation and claims and the Company's ability to continue to develop proprietary technology and maintain high-quality products and customer service to meet or exceed new industry performance standards and individual customer expectations, and other factors described under the headings "Forward-Looking Statements" and "Risk Factors" in the Company's 2024 Annual Report on Form 10-K filed with the


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