Investment Over €60 Million in Europe
Avery Dennison Corporation announced two major investments in Europe aimed at increasing manufacturing capacity and improving factory efficiency to meet growing demand for its label and packaging materials.
The company announced that it is one year into a three-year, €45 million expansion of its Champ-sur-Drac, France, facilities. Five new logistical buildings totaling over 8,700 square meters, a new automated warehouse, and a new high-speed, state-of-the-art hotmelt adhesive coater are among the enhancements planned for 2024.
The company has invested €15 million in its Luxembourg facility, which specializes in labels made with acrylic emulsion adhesives, to redesign operational flow and add a new emulsion speciality coater. The coater should be operational in 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 & Operations, EMENA. “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.”