FDBusiness.com

Rigid Containers reveals latest multi-million pound casemaker investment

 Breaking News
  • Nomad Foods to Acquire Goodfella’s Pizza UK-based Nomad Foods, Europe’s largest frozen food producer, has agreed to acquire the Goodfella’s Pizza business of Green Isle Foods from Boparan Holdings (incorporating 2 Sisters Food Group) for approximately €225 million on a debt free, cash free basis. Green Isle Foods is Ireland’s largest frozen food producer and is headquartered in Naas, County Kildare. The [...]...
  • CMA Accepts Refresco’s Remedy Proposal The UK Competition and Markets Authority (CMA) has in principle accepted the remedy proposed by Refresco regarding the acquisition of Cott’s bottling activities. Completion of the acquisition is now anticipated on 30 January 2018. On 3 January 2018, the CMA decided that the acquisition of Cott’s bottling activities by Refresco raises potential competition concerns in the [...]...
  • Dairy Crest Appoints Tom Atherton as Deputy Chief Executive Dairy Crest has appointed Tom Atherton as Deputy Chief Executive with immediate effect. He retains his responsibilities as Group Finance Director. Tom Atherton. Since his appointment to the Board in 2013, Tom Atherton has taken on additional responsibilities including the chairmanship of Frylight, the strategic leadership of Dairy Crest’s Butters, Spreads and Oils business, and more recently [...]...
  • European Strategy on Plastic Waste Adopted The first-ever Europe-wide strategy on plastics, has been adopted. It is a part of the transition towards a more circular economy. It is designed to protect the environment from plastic pollution whilst fostering growth and innovation, turning a challenge into a positive agenda for the Future of Europe. There is a strong business case for transforming the way [...]...
  • Nestlé to Sell US Confectionery Business to Ferrero Nestlé has agreed to sell its US confectionery business to Ferrero, the third-largest company in the global chocolate confectionery market, for SFr2.8 billion ($2.8 billion) in cash. Nestlé’s 2016 US confectionery sales reached about SFr900 million. The transaction is expected to close around the end of the first quarter of 2018 following the completion of [...]...

Rigid Containers reveals latest multi-million pound casemaker investment

September 21
11:55 2012

Corrugated group Rigid Containers has set its sights on 25% growth in volumes in the next three years after ordering a third Latitude casemaker

The multi-million pound investment will see the PP10-25 flexo casemaker installed at Rigid’s facility in Selby, north Yorkshire next April.

It is the third Latitude casemaker to come into the business, which is part of the Belgian VPK Group.

In March this year it completed installation of a machine with an identical specification at its Desborough site in Northampton, which formed part of a £4m investment that also included die-cutting and corrugating.

Rigid’s first Latitude casemaker, a two-colour machine, was installed at Selby in 2008.

Managing director Richard Coward said the addition of the new casemaker would further enhance the firm’s position in the market.

“The machine is identical to the one we installed earlier this year in Desborough, and it effectively gives us full ‘mirror’ capabilities between the two production facilities.

“With the ongoing growth being seen at our Selby site, the time was right to expand the production capacity further as we look to increase our volumes by as much as 25 per cent over the coming three years.”

The PP10-25 flexo casemaker is a top die-cutting machine and will handle a range of work including shelf-ready packaging boxes

The deal was signed with Chinese business Latitude’s UK sales representative GTS (Europe) .

 

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 17, 2018Anfas Food Product
  • January 19, 2018International Green Week
  • January 20, 2018Sigep Rimini
  • January 24, 2018International Bulk Wine and Spirits Show (IBWSS)
AEC v1.0.4

Jobs: Food Packaging

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements