# Coleus Packaging invests US$2.14M in PMC500 metal crown machine at Alrode plant

Coleus Packaging invested R40 million (US$2.14 million) in a PMC500 metal crown manufacturing machine for its Alrode factory in Alberton, Johannesburg, able to produce 5,000 crowns per minute.

- Type: Investment
- Announced: 2024-03-15
- Where: Alrode, Alberton, Johannesburg, South Africa
- Value: $2.14M (40.0M ZAR)
- Status: completed
- Capacity: 5,000 metal crown caps per minute
- Products: metal crown caps
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Coleus Packaging](https://endata.com/companies/11557.md) (investor)
- [Astir Vitogiannis](https://endata.com/companies/11636.md) (partner)

## Sources

- [sustainabilitymea.com](https://www.sustainabilitymea.com/coleus-packaging-expands-operations-with-us2-14m-investment-in-metal-crown-manufacturing-machine/), 2024-03-15: "Coleus Packaging, a leading metal crown manufacturer, is poised for expansion with its recent R40 million (US$2.14m) investment in a state-of-the-art metal crown manufacturing machine."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.