Trade Resources Company News Announced Plans $60m Investment to Open Paper Cups Manufacturing, Distribution Unit in Us

Announced Plans $60m Investment to Open Paper Cups Manufacturing, Distribution Unit in Us

Huhtamaki Oyj's subsidiary Huhtamaki has announced plans to invest eurp 45m ($60m) over the next three years to open a new manufacturing and distribution unit in Batavia, Ohio, US, to serve customers in the foodservice and retail industries.

Initially, the facility will produce paper drink cups and distribute products made throughout the manufacturing network of Huhtamaki.

Huhtamaki Oyj North America executive vice president Clay Dunn said the company is creating a platform to expand operations by setting up the disposables manufacturing unit in Batavia.

"In addition to building a plant with optimal material and workflows we will be able to optimize the product range in existing manufacturing units," Dunn said.

The total investment will include the site purchase, improvements in infrastructure and machinery investments to set up capacity.

Majority of the investment is expected to take place in 2013.

Huhtamaki, which plans to commence operations in Batavia during the second half of 2013, hopes to create about 200 jobs by the end of 2016.

Source: http://foodproducts.packaging-business-review.com/news/huhtamaki-plans-60m-investment-to-open-paper-cups-manufacturing-distribution-unit-in-us-010213
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Huhtamaki Plans $60m Investment to Open Paper Cups Manufacturing, Distribution Unit in US