Avery Dennison is set to invest more than €60 million in expanding and improving two of its European sites in order to meet growing demand for its label and packaging materials.
The company says that the investment will be used to expand its capacity and improve its manufacturing efficiency in Europe.
The first site being developed is located in Champ-sur-Drac, France, where Avery Dennison is spending €45 million adding five new logistical buildings covering more than 8700sqm, a new automated warehouse, and an additional high-speed, state-of-the art hotmelt adhesive coater, scheduled to come online during 2024.
A further €15 million is being invested at the company’s Luxembourg facility which specialises in labels made with acrylic emulsion adhesives. The money is being spent on redesigning operational flow and adding a new emulsion speciality coater which is expected to come online during the first quarter of 2023.
Avery Dennison says the expansions at both Luxembourg and Champs-sur-Drac are intended to enhance the reliability of its services by strengthening its network of manufacturing plants and distribution centres. The firm also claims the developments will take it 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.’
Tim Presto, vice president of supply chain and operations, EMENA, explained, ‘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.’