WENDEL 2016-02-04
Constantia Flexibles is investing in new capacity at its manufacturing site in Burgos, Spain. The total investment is approximately four million euro. The installation of a new narrow web printer and narrow web adhesive lamination machine will be completed by the middle of 2017. The investment will serve growing demand from the home and personal care (HPC) industry for high- quality packaging used especially in cosmetics.
The Burgos site is part of Constantia Tobepal S.L., which is a leading supplier of foil-based flexible packaging for the pharmaceutical, HPC and food industries for more than 80 years. Constantia Tobepal has roughly 500 employees at its Burgos and Logrono production sites in Spain.
"This investment not only increases operational efficiency due to its focus on short run batches, but also underlines our clear commitment to provide the best product and service to our customers," said Gerold Riegler, Chief Operating Officer at Constantia Flexibles.
Constantia Flexibles is one of the world's leading manufacturers of flexible packaging products and labels. The Group supplies its products to numerous multinational corporations and local market leaders in the food, pet food, pharmaceuticals and beverage industries. In total, Constantia Flexibles has over 3,000 customers and close to 10,000 employees worldwide. The company produces at 53 sites in 23 countries.
Daniel Smith
Head of Group Communications T +43 (0)1 88856401195
M +43 676 3052289
daniel.smith(at)cflex.com
Wendel SA issued this content on 04 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 February 2016 16:35:10 UTC
Original Document: http://www.wendelgroup.com/sites/default/files/pdfs/presse/investing_in_new_capacity_in_spain_04_02_2016.pdf
