UPM Rafsec ramps up RFID production

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10 May 2005 – Tampere (FIN): UPM Rafsec is to build a new RFID tag production facility in Fletcher, North Carolina.

The investment is part of a €19 million ($24 million) investment programme which, when fully implemented, will enable an annual capacity of one billion RFID tags. The new factory will begin operations in the final quarter of 2005.