EQS-Adhoc
Airopack Technology Group AG secures funding to double its manufacturing capacity
EQS Group-Ad-hoc: Airopack Technology Group AG / Schlagwort(e): Finanzierung Ad-hoc release / Press Release |
Airopack Technology Group secures funding to double its manufacturing capacity
Upscaling to 200 million environmental friendly dispensers annually
Baar, 21 June 2017 - Airopack Technology Group AG ("ATG"), manufacturer of environmental friendly dispensers, is pleased to announce that it has secured funding to begin doubling its manufacturing capacity to 200 million pieces of Airopack annually. The upscaling process will start by the end of 2017. With this investment ATG is confirming its ability to bring sustainable packaging innovations to the market at competitive costs, becoming the new standard in planet friendly packaging solutions.
In December 2016 ATG opened its new state-of-the-art plant in Waalwijk, the Netherlands, with an initial annual capacity of 80 million pieces of Airopack. Airopack is a safe, all-plastic pressurized dispenser that is environmentally and planet friendly. It was developed by ATG, which holds its patent and is worldwide the sole producer of this unique dispenser. All assets in the Waalwijk plant are installed and fully operational according to plan, achieving an Acceptance Quality Limit (AQL) level of 0.065 for critical defects, the highest quality standard in the packaging industry.
Doubling manufacturing capacity
Due to continued strong customer demand, ATG is now commencing expansion of its manufacturing capacity at the Waalwijk plant. An increase of installed capacity to 100 million pieces annually is
targeted by end 2017, with a further modular expansion of installed capacity to 200 million pieces annually over the course of 2018. The modular layout of the current plant provides for
straightforward upscaling of capacity with minimal business disruption.