CCL and Korsini to build IML factory in the US

By Jenny Eagle contact

- Last updated on GMT

CCL Industries
CCL Industries

Related tags: Europe, United states, North america

CCL Industries has signed an agreement to build a manufacturing plant for in-mould-labels (IML) in Memphis, Tennessee, with Korsini, a European IML producer in Izmir, Turkey.

The partners will invest approximately $20m, in a combination of debt and equity, each owning 50% of the company, expected to start operations mid-2016, trading as CCL-Korsini.

Guenther Birkner, president, CCL Label's Food & Beverage business said IML for injection moulded containers was successfully introduced in Europe some years ago and it now sees a similar development in North America.

Korsini is an advanced technology partner already servicing injection moulded container customers in North America with products exported from Turkey​,” he added.

Our role in the venture is to support local manufacturing, provide market access to brand owner customers and manage administration​."

Related topics: Processing & Packaging

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