# Shawpak invests £600,000 in Chiron 5-axis milling machine

Shawpak, a division of Riverside Medical Packaging, has invested £600,000 in a Chiron 1250 5-axis vertical milling machine from Engineering Technology Group to halve cycle times and target new business in food and medical sectors.

- Type: Investment
- Announced: 2018-09-17
- Where: Derby, United Kingdom
- Value: $780K (600K GBP)
- Status: completed
- Products: thermoforming machinery, 5-axis vertical milling machine
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Riverside Medical Packaging](https://endata.com/companies/30012.md)
- [Shawpak](https://endata.com/companies/34364.md)
- [Engineering Technology Group](https://endata.com/companies/16487.md) (supplier)
- [Riverside Medical Packaging](https://endata.com/companies/30012.md) (partner)

## Sources

- [engtechgroup.com](https://engtechgroup.com/chiron-investment-seals-shawpak-future-growth/), 2018-09-17: "It’s our largest-ever single purchase, but one that has the potential to really help us drive forward within the food sector."
- [mtimagazine.com](https://mtimagazine.com/600000-chiron-investment-at-shawpak/), 2018-10-26: "It's our largest-ever single purchase, but one that has the potential to really help us drive forward within the food sector."

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