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PACCOR Packing Solutions invests in The Netherlands for future market growth.

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PACCOR Packing Solutions invests in The Netherlands for future market growth. PACCOR Packaging Solutions, has announced further investment plans as part of its development strategy to become a major player in rigid food packaging in both the Food Service and the Consumer Goods market sectors. The transformation of PACCOR’s Dutch-based business has featured full investment and support in site development, combined with new thermo-forming machinery and state-of-the art automation with advanced data collection technology. This significant investment, worth £9.4 million (11 million Euros), in both Standdaarbuiten and Nijkerk highlights the ambition and growth strategy of PACCOR’s Food Service division, based in the Netherlands. Chris Hart, managing director for PACCOR Food Service Europe, said: “Our continuing investment demonstrates to the industry that we are now focusing on the future with great optimism. We look to continue our growth and development in the Food Service packaging industry through investment in our people, existing facilities and targeting sustainable growth opportunities" He added: “We believe that our investments will allow us to increase our significant market share. We will continue to develop new products for the market and to seek out alternative materials that can enhance performance, are environmentally friendly and minimize the risk of continuing volatility of escalating raw material prices". PACCOR Food Service products include rigid packaging for the food packaging industry, notably salad bowls, meat and fish trays, beer and beverage cups and vending cups for the disposable packaging industry. http://www.paccor.com/news/show/id=39 Project Name PACCOR Packing Solutions invests in The Netherlands Location Netherlands Commence 2013 Completion -NA- Estimated Investment 9.4 million Capacity -NA- Key Players PACCOR Packing Solutions

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