Huhtamaki supports the profitable growth of its foodservice business in China by investing in the expansion and modernization of its manufacturing unit in Guangzhou, South China. The total investment including site expansion, improvements in plant layout and new high-speed machinery is expected to be approximately Euro 15 million.
The investment follows Huhtamaki's earlier announced actions to improve the competitiveness of its foodservice business in China and consolidate the South China manufacturing operations.
The modernized unit will manufacture a defined core foodservice packaging product range. Majority of the investment will take place in the latter part of 2016 and early 2017, and the modernization is expected to be completed by the end of 2017.
Huhtamaki is a global specialist in packaging for food and drink.
