# Olympic Industries invests in machinery for carton and food processing expansion

Olympic Industries approved the purchase of two sets of capital machinery from China for $500,000 to establish a carton production plant with annual capacity of 315.36 million pieces, and an egg washing and breaking machine from Hong Kong for $46,000 with annual capacity of 175.20 million pieces.

- Type: Investment
- Announced: 2026-03-08
- Where: Kutubpur factory in Narayanganj; Lolati factory in Kanchpur, Bangladesh
- Value: $546K
- Status: announced
- Capacity: 315.36 million carton pieces per year; 175.20 million egg pieces per year
- Products: cartons, egg washing and breaking machine
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Olympic Industries](https://endata.com/companies/65097.md)

## Sources

- [tbsnews.net](https://www.tbsnews.net/economy/stocks/olympic-industries-invest-machinery-expand-carton-food-processing-1381041), 2026-03-08: "The investment is expected to strengthen Olympic's packaging capability while enhancing efficiency in its food production process."

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