# Altium Packaging invests $10 million in PET bottle capacity and preform tooling

Altium Packaging is entering the next phase of a $10 million investment in PET capacity and capabilities, expanding its PET bottle production from 2 ounces to 5 gallons and its preform catalog. The announcement was made in Atlanta on August 5, 2020.

- Type: Investment
- Announced: 2020-08-05
- Value: $10.0M
- Status: announced
- Products: PET bottles, preforms, dispensing bottles
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Altium Packaging](https://endata.com/companies/4811.md)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20200805005559/en/Altium-Packaging-Expands-Brand-and-Capabilities-in-PET-Assets-and-the-Healthcare-Industry), 2020-08-05: "Altium is excited to announce it has entered the next phase of a $10 million investment in PET capacity and capability."

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