# Beneco Packaging invests C$7M in automated equipment in Cobourg

Beneco Packaging is investing $7 million to buy new automated equipment in Cobourg, Ontario, to expand its product line and speed up production, supported by C$500,000 from the Ontario government.

- Type: Investment
- Announced: 2023-08-30
- Where: Cobourg, Ontario, Canada
- Value: $5.20M (7.00M CAD)
- Status: announced
- Products: packaging products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Beneco Packaging](https://endata.com/companies/4936.md)

## Sources

- [globalnews.ca](https://globalnews.ca/news/9928256/cobourg-manufacturers-expand-beneco-custom-plastics/), 2023-08-30: "Beneco Packaging, a wholesale packaging firm, is investing $7 million to purchase new automated equipment that aims to expand its product line while increasing and speeding up production for a wide range of products."

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