Avery Dennison to invest €60 Million in Capacity Expansion and Manufacturing Efficiency in Europe

Specifications:

Name:

Avery Dennison to invest €60 Million in Capacity Expansion and Manufacturing Efficiency in Europe

Location:

Netherlands

Company:

Avery Dennison

Estimated Cost:

€60 Million

Source:

https://www.averydennison.com/

Introduction:

Avery Dennison Corporation plans two major investments aimed at expanding its manufacturing capacity and improving factory efficiency in Europe to meet growing demand for its label and packaging materials.

Features:

The company said it is one year into a three-year, €45 million expansion of its facilities at Champ-sur-Drac, France. Enhancements include five new logistical buildings covering more than 8,700 square meters, a new automated warehouse, and an additional high-speed, state-of-the art hotmelt adhesive coater, scheduled to come online during 2024.

At its Luxembourg facility specializing in labels made with acrylic emulsion adhesives, the company has undertaken a €15 million project to redesign operational flow and add a new emulsion speciality coater. The coater is expected to come online during the first quarter of 2023.

The expansions at both Luxembourg and Champs-sur-Drac will enhance the reliability of service for customers by strengthening the company’s already robust network of manufacturing plants and distribution centers across Europe. Finally, these expansions will take us a step closer to fully embracing Industry 4.0 practices that increase efficiency, reduce operating costs, and free our employees to perform safer, higher-value tasks.