CTI Industries Corporation Announces New Plant Manager

LAKE BARRINGTON, Ill, Nov. 30, 2017 /PRNewswire/ -- CTI Industries Corporation (NASDAQ Capital Market: CTIB) is pleased to announce the appointment of Jeffrey J. Memenga as Plant Manager effective November 27, 2017.

Jeff will have responsibility for the Barrington manufacturing facility and the Lake Zurich packaging and fulfillment functions.  He joins us with a broad manufacturing and customer packaging experience base.  He is a proven leader with in-depth preventive maintenance, safety, and production background.  Stephen Merrick, President, noted that "…Jeff is particularly well-suited to our unique demands and he will be a welcome addition to our CTI management team."

About CTI:  CTI Industries Corporation is one of the leading manufacturers and marketers of foil and latex balloons, develops, produces and markets vacuum sealing systems for household use, produces laminated and printed films for commercial uses and markets home organizing products.  CTI markets its products throughout the United States and in a number of other countries.

This press release may contain "forward-looking" statements within the meaning of Section 17A of the Securities Act and Section 21E of the Securities Exchange Act.  These forward-looking statements may include, but are not limited to, statement containing works such as "may," "should," "could," "would," "expect," "plan," "goal," "anticipate," "believe," "estimate," "predict," "potential," "continue," or similar expressions.  Actual results could differ materially from those projected or implied in the forward-looking statements, which involve a number of risks and uncertainties, including (i) the risks of generating and maintaining sales in a highly competitive market, (ii) the ability of the Company to enter into or maintain contracts or relationships with customers, distributors, licensors and suppliers, (iii) manufacturing risks, as well as other risks and uncertainties reported by the Company in its public filings, with the Securities and Exchange Commission, including its Annual Reports on Form 10-K and Quarterly Reports on Form 10Q.

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SOURCE CTI Industries Corporation