Plastics processing supplier Milacron has announced that it will invest more than €16m in two production facilities in the Czech Republic.
The company will build a new 3,000 square metre distribution centre in Šašovice, in the south of the country, at a cost of more than €5m. It is also investing a further €11m in an 11,000 square metre lean manufacturing facility roughly halfway between Prague and Ostrava.
The investments will significantly increase the production and distribution capacities of Milacron’s Uniloy, DME and Tirad brands, as the company strives “to meet the growth of the European market”. The new facilities “will act as key locations for these product brands offering high speed deliveries and support to customers all across Europe,” it added.
Milacron’s John J Gallagher said: “We knew that expansion and investment in Europe was required in order to support our growing customer base. The facilities in Czech Republic allow us to offer more support, more flexibility and more product inventory, all at faster delivery times – services that we feel are critical in this market.”
Ron Krisanda, Milacron’s chief operating officer and president for advanced plastic processing technologies, added: “The new facility in Policka not only provides us with the flexibility and room to manufacture our complete range of blow molding machinery technologies, it also represents a major step forward in our plans to become a global supplier of blow molding machinery systems. As it is, we tend to be regionally oriented in our approach to the market and are not taking full advantage of the technologies, foot print and best practices of Milacron.”
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