# Polygroup expands Honduran plant with US$17.5m investment

Honduran group Polygroup invested US$17.5 million to expand its facilities and acquire new technology, raising production capacity by 35% as it targets US and Caribbean markets.

- Type: Expansion
- Announced: 2018-04-19
- Where: Honduras
- Value: $17.5M
- Status: completed
- Capacity: production capacity up 35%
- Products: PET containers, thermoformed packaging, disposable tableware
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Grupo Industrial Polímeros Unidos (Polygroup)](https://endata.com/companies/3180.md)

## Sources

- [revistaeyn.com](https://www.revistaeyn.com/empresasymanagement/polygroup-a-la-conquista-de-estados-unidos-y-el-caribe-AVEN1170473), 2018-04-19: "Con una inversión de US$17.5 millones enfocada en ampliar sus instalaciones y adquirir nueva tecnología, la compañía hondureña Grupo Industrial Polímeros Unidos de C.A. aumentó su capacidad de producción en un 35%."

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