Avery Dennison invests EUR 60 million in Europe
Avery Dennison Corporation has made 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.
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 sqm, 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 an EUR 15 million project to redesign operational flow and add a new emulsion specialty coater. The coater is expected to come online during the first quarter of 2023.
‘Our investments at Champs-sur-Drac and Luxembourg will allow us to meet customer demand now and into the future by freeing capacity throughout our European manufacturing network,’ said Tim Presto, vice president of supply chain and operations for EMENA at Avery Dennison.
The expansions at both Luxembourg and Champs-sur-Drac is expected to enhance the reliability of service for customers by strengthening the company’s network of manufacturing plants and distribution centers across Europe. These expansions will also take the company closer to fully embracing Industry 4.0 practices by increasing efficiency, reducing operating costs, and freeing employees to perform safer, higher-value tasks.
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