09:55 AM EDT, 06/24/2025 (MT Newswires) -- WF (WFF) said Tuesday that it plans to make "significant" investments in China to expand its operations and strengthen international business ties.

The manufacturer of fiberglass reinforced plastic products said it is actively scouting corporate land in several regions of China to build new factories.

The initiative, which is expected to begin this year, will focus on high-performance glass fiber products and partnerships with local Chinese companies, with the goal of increasing the company's global competitiveness and facilitating its expansion into Southeast Asia, WF said.

Shares of WF were up more than 38% in recent Tuesday trading.

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