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Business operating in the global environment must have an effective plan to proactively identify and analyzethe legal risks, to determine the correct solution. The purpose of this document is to provide a legal framework to the directors and officers of Riordan to assist them in making decisions regarding legal issues quickly and accurately.
Riordan Industries was founded in 1991 by Dr. Riordan, who had obtained several patents for his methods of processing polymers into high tensilestrength plastics. Initially licensing existing patents and Research and Development were the company’s main focus. With 2 manufacturing plants located in the U.S. the newest plant opening in Hangzhou, China Riordan is now a global plastics manufacturer with projected earnings in the next 5 years to exceed $50 million and employs 550 people. A global competitor in the plastics market its products include plastic beverage bottles, custom plastic parts and plastic fan......
Approximate Word Count: 725
Approximate Pages: 3 (260 words per double-spaced page)