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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Papacks invests €10M in Arnstadt GIGAFACTORY 1 in Germany · Endata

◂ Announcements

Oct 2, 2020INVESTMENTArnstadt, Erfurter Kreuz, Germany

Papacks invests €10M in Arnstadt GIGAFACTORY 1 in Germany

Papacks is investing over €10 million in a new production facility called GIGAFACTORY 1 in Arnstadt, Germany, creating around 20 new jobs. The facility will produce molded paper fiber parts for primary packaging for food and medical/pharmaceutical industries.

Value

$11.7M (10.0M EUR)

Jobs

20

Status

Announced

Capacity

180 million pieces per year

Productsmolded paper fiber partsprimary packaging

CompaniesPAPACKS

Sectors#Packaging

“Europe's largest production of paper fiber molded parts for certified primary packaging for the food and medical / pharmaceutical industries will be created in Arnstadt.”lesprom.com

1 source
lesprom.comPapacks invests Euro 10 million in Arnstadt mill in GermanyOct 2, 2020

Summarized from public sources; check the original articles before acting on it.

More from PAPACKS

Jun 16, 2023EXPANSIONArnstadt, Thuringia, Germany$32.5M
PAPACKS opens Gigafactory 2 extension in Arnstadt, Thuringia
PAPACKS papacks.com
Mar 16, 2022PARTNERSHIPCologne, Germany
Keurig Dr Pepper partners with PAPACKS on recyclable paper bottle
PAPACKS partner Keurig Dr Pepper partner papacks.com
Nov 14, 2021EXPANSIONArnstadt, Thuringia, Germany$15.1M
PAPACKS starts construction of GIGAFACTORY 2 in Arnstadt, doubling molded fiber capacity
PAPACKS papacks.com
Sep 26, 2020EXPANSIONArnstadt, Germany
PAPACKS plans 2022 Arnstadt expansion to 360 million units a year
PAPACKS papacks.com
Sep 17, 2020NEW FACILITYArnstadt, Germany$11.8M20 jobsops 2021
PAPACKS opens topping-out of €10M GIGAFACTORY 1 in Arnstadt
PAPACKS presse-nachrichten.de papacks.com

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