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Jan 3 (Reuters) - CTI Industries Corp
* CTI Industries Corporation board approves acquisition of foil balloon converting machines
* Machines are on order and are expected to be in production by April 2017
* "expect new converting machines to increase our production capacity for foil balloons by 25 pct to 30 pct"
* CTI Industries - expect efficiencies in cost as unit volume of production increases and as we produce some of our products at our plant in Guadalajara Source text for Eikon: Further company coverage: