Currier Plastics has revealed plans to invest in two more Aoki injection stretch blow molding machines in view of higher demand, with the machines to be installed in September and October respectively.
The new additions would take the number of injection stretch machines owned by the firm to six, reported plasticsnews.com.
Currier Plastics revealed plans to invest $20.8m towards infrastructure and add 55,000ft2 of space that would house the additional machines eventually.
The state government revealed plans to provide the firm tax credits worth $1m, in addition to a $750,000 economic transformation grant.
Source:
http://www.packaging-business-review.com/news/currier-plastics-to-invest-in-bottles-and-caps-facilities-030812