Nidec Global Appliance will invest $83 million in its Mexican plants, including $33 million for a compressor line in Apodaca, Nuevo León, and further investments in rolling mill, HVAC motor and appliance motor operations. The investments aim to add production lines and raise capacity for the North American market.
Tetra Pak announced a €100 million investment programme at its Châteaubriant factory in France, which specialises in producing caps. The investment aims to expand European manufacturing.
Edwards UK and CSK, both Atlas Copco affiliates, signed an MOU worth about $101-110 million to build an integrated vacuum pump and gas processing equipment plant in Tangjeong General Industrial Complex, Asan, expected to create 270 jobs over five years.
TriState Container Corporation became the first print provider to acquire Xeikon's IDERA digital printing press for corrugated packaging, announced on 6 July 2021.
Smurfit Kappa will invest 24 million euros to expand and modernize its corrugated plant in Rethel, north-east France, adding an 8200 square meter machine plant, with completion expected in 2023.
Pratt Industries is investing US$400 million in a new 100 percent recycled containerboard and corrugated board mill complex in Henderson, Kentucky. Construction is expected to begin in March 2022 with start-up scheduled for Q3 2023.
Lakers Group completed a NOK 200 million tap issue under its existing senior secured sustainability-linked bond to part-finance the Norsk Pumpeservice acquisition.
Romanian company Promateris completed a 2.5 million euro investment in a compostable packaging production line. The article text provides few further details.
Pakistan Aluminium Beverage Cans Limited plans an IPO offering 26 percent of its shares to raise at least Rs3.3 billion, with book building on June 22-23 and public subscription on June 29-30, 2021. The company is also raising capacity to 950 million cans per year by July 2022.
Nidec Global Appliance, holder of the Embraco brand, announced a $70 million investment to set up new refrigeration compressor production lines at plants in Fürstenfeld (Austria), Beijing (China), Joinville (Brazil) and Mexico, adding more than 10 million units per year.
Nidec Global Appliance will invest $70 million to add production lines at its Embraco compressor and condensing unit factories in Austria, China, Brazil and Mexico. Capacity is to rise from 45 million to over 55 million units per year.
Smurfit Kappa completed a 12 million euro investment in a new flexible material production facility at its IBI plant in Spain, announced on 11 June 2021.
Pitreavie Group announced a further £1 million investment in new plant and machinery at its Cumbernauld corrugated box facility, including a Bobst folder gluer and a flat bed die cutter, adding seven jobs once the equipment arrives.
Ardagh Group plans to invest US$195 million to convert warehouse space and add two high-speed can lines at its Winston-Salem plant in North Carolina. About 94 jobs will be created when the expansion completes in 2022.
Nouryon will spend SEK 180 million modernizing its Domsjö plant in Örnsköldsvik, Sweden. The upgrade could raise capacity by up to 4,000 tons. The announcement was reported on 26 May 2021.
Smurfit Kappa is investing €20 million in new converting equipment at four plants: Žebrák, Žimrovice and Olomouc in the Czech Republic, and Štúrovo in Slovakia. The investment adds over 100 million regular and offset printed boxes per year and is expected to be completed by the end of 2021.
CorrBoard UK will shortly install a new £1.5m automated palletisation system and significant IT control system upgrades at its 320,000 sq ft facility in North Lincolnshire.
Bosch is investing R$170 million to relocate a diesel fuel injector production line from the United States to its Curitiba plant in Brazil, with production expected to start in July 2021.
JDE Peet's announced a €110 million investment at its Andrézieux-Bouthéon site in the Loire, France, to raise aluminium coffee capsule production capacity by more than 60%, with about 40 new hires planned by year-end and works finishing in 2022.
Werner Pumps has installed and commissioned new Haas CNC machine tools at its Springs headquarters in South Africa, a R3 million investment that cut production time on some components by 50% or more.
Indonesian packaging maker PT Indopoly Swakarsa Industry Tbk (IPOL) has allocated US$1.5 million in capital expenditure for maintenance of its three plants with a total capacity of 100,000 tons per year.
Gold Coast craft brewer Black Hops is investing $3 million in a packaging upgrade at its Biggera Waters brewery, including a Master C-Block 24/4 filler and seamer supplied by CFT Australasia. The upgrade is intended to raise can output.
A. Hatzopoulos S.A. announced a €20 million plan of strategic investments in new facilities, machinery and equipment, to be implemented by the end of 2022. The plan includes a new warehouse at its Stadiou plant.
Hull Boxes & Packaging, an East Yorkshire packaging maker, secured a £110,000 loan jointly funded by Finance For Enterprise and the Northern Powerhouse Investment Fund. The funds paid for a new die cutter and gluing and stitching machines to raise capacity, and the company created three new jobs.
Tamilnadu Petroproducts board approved setting up a propylene recovery unit at an estimated cost of about Rs 30 crore. The announcement was made on 30 March 2021.
Altonaer Wellpappenfabrik in Tornesch near Hamburg will replace its finished goods palletizing system in spring 2021 and add a fully automated 4-color inline folding box machine in the second half of 2021. The company says it is investing over 10 million euros in quality and productivity across 2020/21.
Smurfit Kappa announced a multi-million pound investment in its Tannochside plant in North Lanarkshire, Scotland, to improve print and conversion equipment for solid board and corrugated divisions.
Kobe Steel announced on March 5, 2021 that it will transfer its standard compressor business to its wholly owned subsidiary Kobelco Compressors through a simplified absorption-type company split.
Kruger's Specialty Papers division will receive financial contributions totaling C$146.1 million, partly financed by the Government of Québec through Investissement Québec.
Rotarex is running three research and development projects to develop new generations of taps, valves and regulators for medical gases. The projects represent an investment of nearly EUR 1.5 million.
BG Container Glass (BGC) in Thailand has approved an M&A investment plan covering two companies that make plastic films, caps, PET bottles, preforms and corrugated boxes, as part of a strategy to double revenue from 10,000 to 25,000 million baht by 2025. The plan will go to the annual shareholders meeting.
Shanghai Valve Factory received special financial support from the Shanghai municipal and Baoshan district governments after passing a Shanghai Science and Technology Little Giant project review. The fund amount was not disclosed in the article.
JobsOhio provided Burrows, a Novolex brand, a $400,000 grant to invest in new machinery, equipment and infrastructure at its food-packaging plants in Franklin and Mount Vernon, Ohio, where more than 300 employees work.
SCG Packaging (SCGP) plans to invest over 10 billion baht to expand its integrated packaging business in Vietnam to meet demand from consumer goods and other industries. The article is dated 10 February 2021.
SCG Packaging plans to invest US$334 million in Vietnam as part of its expansion of packaging businesses, including the Duy Tan acquisition and paper production expansion in northern Vietnam.
Parker Hannifin has installed an automation cell at its Sheffield, UK site that makes cryogenic valves, costing around US$500,000. The cell combines a bar feeder, a DMG MORI CNC lathe and an ABB Flexloader robot to cut setup times.
Biodegradable plastics developer Aquapak Polymers received an investment from private equity firm ADM Capital Europe, reported on January 25, 2021.
International Paper plans to invest up to $52.2 million to upgrade the recovery boiler, filtration, condenser and acid systems at its Bogalusa paper mill in Louisiana, retaining 492 direct jobs.
Carolina Beverage Company will invest $9 million in an expansion project in Iredell County, North Carolina, supported by an economic incentive of up to $145,811 over five years. The project is contingent on a contract being executed within 180 days.
Trillium's Pumps USA facility in Fresno, California has approved a multi-million dollar investment in solar panels, with over 2,700 panels to be installed, expected to be completed later in 2021. The approval was reported January 7, 2021.
Netpak Packaging announced investments of over $2 million in a production plant. The article gives no location or further details.
Aston Manor has invested a further £6 million to reconfigure its Aston, Birmingham production site and add a new flexible contract canning packaging line capable of up to 24,000 cans per hour.
Georgia-Pacific purchased an HP PageWide T1190 corrugated digital press to expand its Hummingbird digital print solutions across North America. It is the third inkjet web press GP has installed since 2015.
Berivo, an equipment leasing company set up by Chetwode and Acofi, provided a EUR 3.77 million sale-and-leaseback financing to flexible packaging maker UNI Packaging, now Schur Flexibles, to fund its European expansion. The contract was signed in July 2015.
Coca-Cola Canada Bottling is investing about CAD 17 million in new equipment at its Weston plant in Toronto to improve efficiency and move some carbonated beverage production from the United States to Canada, with startup in Q1 2021.
Golden West Packaging Group has installed an industrial-scale HP PageWide C500 digital corrugated press at its Heritage site in Livermore, California, to target wine and spirits packaging demand.
NETZSCH plans to invest about EUR 50 million more worldwide in the coming years, for a total of EUR 100 million under its Global Operations Strategy, to fund factory expansions in the USA, Brazil, China and India and new assembly centres in several countries.
August Faller, part of Faller Packaging, is installing a Koenig & Bauer Rapida 76 double-coater offset press at its Łódź plant in Poland, due to enter production in spring 2021 and raise carton output to about 1 billion units per year.
Coca-Cola HBC has started rolling out the KeelClip paperboard alternative to plastic wrap on can multipacks across its EU markets, after a €15 million investment in a partnership with Graphic Packaging International. The rollout is due to finish by early 2022.
Danfoss India plans to invest ₹100 crore from January 2021 to expand production of power drives at its Oragadam factory in Chennai, adding about 300 jobs and expanding its drive range from one variant to six.