2019 EDA Spring Newsletter

Office of Foreign Trade

Chinese Company moves its U.S. Headquarters to Riverside Providing 30 new jobs and $3.6 million in investments.

Above: Delegation from Xinyu, China visits Riverside County.

Riverside, CA – An environmentally-friendly ink cartilage re-manufacturer, Aster Graphics, Inc., based in Xinyu City, China, relocated its U.S headquarters to City of Riverside from Placentia, Orange Coun- ty on March 1 st earlier this year, bringing with it 30 new jobs and $3.6 million in investment for Riverside County. The Riverside County Office of Foreign Trade welcomed a delegation of government of- ficials from Xinyu City, Jiangxi Province, China to visit Aster Graphics, Inc.’s new Riverside facility. The delegation, alongside the president of Aster Graph- ics, met with Supervisor Jeffries Chief of Staff, Jeff Greene, and EDA representatives to explore future business opportunities between our two regions. Leon Yin, President of Aster Graphics, in- dicated that access to quality workforce, business friendly environment, proximity to distributors and an affordable, newer facility influenced their decision

to move their operations from Placentia to the City of Riverside earlier this year. Aster Graphics, Inc. is a branch of the mul- tinational corporation Aster Group, with headquar- ters located in Xinyu City, Jiangxi Province in China. Aster Group currently employs approximately 2,500 employees worldwide. It has offices and warehouses in four different European countries, one sales office in Hong Kong and three warehouses in the States. The three Aster Graphics locations in the U.S. em- ploy about 60 people in their distribution centers in California, Kentucky and Pennsylvania. Out of Aster Group’s annual output of $120 million USD, 60% is contributed by the US operations. Emphasizing engineering innovation, cut- ting-edge in-house technology, and continuous re- search, Aster Graphics is dedicated to balancing closed-loop, zero-landfill recycling processes with market-competitive ink cartilages that exceed OEM

Spring 2019 | 8