# PAPACKS opens topping-out of €10M GIGAFACTORY 1 in Arnstadt

PAPACKS is investing over €10 million in its GIGAFACTORY 1 in Arnstadt, Germany, creating around 20 new jobs for molded paper fiber packaging. The topping-out ceremony was held on 25 September 2020.

- Type: New facility
- Announced: 2020-09-26
- Where: Arnstadt, Germany
- Value: $11.8M (10.0M EUR)
- Jobs: 20
- Status: under construction
- Products: molded paper fiber packaging, primary packaging for food and pharmaceuticals
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [PAPACKS](https://endata.com/companies/7067.md)

## Sources

- [papacks.com](https://www.papacks.com/en/news/topping-out-ceremony-in-arnstadt-papacks-gigafactory-1/), 2020-09-26: "PAPACKS invests over ten million euros in Arnstadt directly at the Erfurt junction and creates around 20 new jobs in the new PAPACKS GIGAFACTORY 1."

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