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April 26, 2022

Amcor invests to expand capabilities at Sligo facility in Ireland

The investment is intended to strengthen Amcor’s position in the sterile packaging industry.

Multinational packaging company Amcor has expanded its healthcare packaging facility in Sligo, Ireland, with a multimillion-dollar investment.

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The company has added thermoforming capabilities for medical packaging to the facility.

The expansion is intended to increase revenue and footprint at the site and strengthen Amcor’s position in the sterile packaging industry.

As part of the project, Amcor will add Class VII cleanroom manufacturing environments and ISO 13485-certified advanced thermoforming operations that meet regulatory requirements.

The company will also develop a full design studio to allow customers to utilise local and global expertise and resources from across the company’s innovation centres and thermoforming facilities, including those in Puerto Rico and Mankato, Minnesota.

Amcor chief commercial officer Peter Konieczny said: “The additional capabilities in our Sligo site allow us to provide customers with even more differentiated and efficient solutions to meet their healthcare packaging needs.

“With our global scale and innovation capabilities, Amcor is uniquely positioned to capture growing demand for both medical and pharmaceutical packaging products globally.”

In addition to expanding the facility’s operations, Amcor will create around 75 jobs at the site, including machine operators, manufacturing technicians, team leads, maintenance, quality assurance, sales and supply chain roles.

The company will also hire experts in project, process and design engineering.

Ireland Enterprise Trade and Development Tánaiste and Minister Leo Varadkar said: “Congratulations to the team at Amcor on this really significant expansion, which will create 75 new jobs for Sligo.

“This investment is a real vote of confidence in Sligo, the strong talent pool we have in the area and the existing team at the facility.”

In December last year, Amcor opened an ‘advanced’ healthcare packaging facility in Tuas, Singapore, to meet the growing demand for its products in the Asia-Pacific region.

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img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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