Weidenhammer to invest in UK subsidiary

- Last updated on GMT

Plastic manufacturer Weidenhammer will add two new production lines as part of a £1.5m (€1.8m) investment in its UK subsidiary later this year.

Weidenhammer UK will benefit from the investment from its parent company to expand plastic label production after securing a contract to supply food packaging to a UK supermarket.

The group will launch the production of plastic packaging based on In-Mould Labelling (IML) technology in mid-2012.

The £10m (€11.5m) plant, which opened in November last year and is fully operational, provides composite cans for customers including Kraft, Cadbury, United Biscuits and Premier Foods.

German-based Weidenhammer assumed sole control of the site in 2009 after an initial joint venture with Chesapeake Branded Packaging, a subsidiary of US-based Chesapeake Corporation.

In just three years, annual production increased by 400% from 12m composite cans to around 60m and turnover increased from £2.5m (€2.8m) to a projected £11m (€12.5m) in 2012, said the firm.

Related topics: Processing & Packaging

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Chesapeake

Posted by RDevlin,

Chesapeake is headquartered in the UK but with a number of sites in the US.

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