United Caps stated that it will open a new manufacturing facility in Malaysia.
The Luxembourg-based company plans to build a state-of-the-art manufacturing facility to meet increasing customer demand in the region for its caps and closures.
United Caps claims to have conducted an extensive search and concluded that property in the Kulim High Tech ark offered an ideal location for a new manufacturing facility.
The company expects that the new plant will be fully operational in the first quart of 2018.
The site will initially create about 20 new jobs in the region, while the local production is expected to reach about 300 million closures in the first year.
United Caps CEO Benoît Henckes said: “We are experiencing significant growth in Southeast Asia. In keeping with our ‘Close to You’ strategy, this expansion of manufacturing capabilities allows us to continue to capitalise on the dynamic growth opportunities in the region and better serve our local customers.
“Localising production of our pioneering closure technologies in the Southeast Asian marketplace is the next logical step in our business expansion.”
Recently, the company stated that it will showcase new closure solutions at interpack 2017, including bi-injection muolding and in-mould labeling for caps and closures. These caps and closures have been developed for the food and drinks industry, Packaging News reported.
After the company’s strategic reorientation in 2015, it claims to have expanded its portfolio of standard products and has acquired several customers to boost its business.
The company’s net sales for the year 2016 increased by 7%, which was about €131m.
