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10. May 2022 | Markets & Companies

Avery Dennison to invest in capacity expansion

Avery Dennison is about to invest more than EUR 60 million in capacity expansion and manufacturing efficiency in Europe.
A new coater is expected to come online during the first quarter of 2023.
Image source: kalhh Pixabay - (symbol image).

Avery Dennison Corporation has shared details of 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.

Expansion in France and Luxembourg

The company said it is one year into a three-year, EUR 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 specialising in labels made with acrylic emulsion adhesives, the company has undertaken a EUR 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.

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