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March 12, 2021

Belvac invests in two-piece can pilot line

US-based packaging company Belvac is expanding its container and engineering services in response to growing demand for drinks can-making equipment and support services.

US-based packaging company Belvac is expanding its container and engineering services in response to growing demand for drinks can-making equipment and support services.

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The company, which is owned by Dover, has made a new investment in a two-piece can pilot line.

Brand owners and converters can use the fully functional pilot line to build speciality-shaped two-piece aluminium beverage and aerosol containers, and to test coatings, inks and material light-weighting.

The pilot line supports Belvac’s existing turnkey can and metal bottle integration business by producing cups and preforms to test container concepts ahead of final equipment installation, and high volume end customer container production.

In addition to this investment, Belvac has announced plans to add 40,000ft2 of manufacturing and assembly capacity to its facility in Bedford County, Virginia. This will help the company meet demand for its equipment, including trimmers, neckers and decorators.

Belvac executive vice-president David Mammolenti said: “Increased consumer demand for more environmentally friendly aluminium beverage cans and bottles, which better meet environmental standards and regulatory conditions, are driving growth throughout the can-making industry.

“Belvac anticipated this increased demand for our products and services and has been investing to expand our manufacturing capabilities, product offerings and support services.

“These most recent investments ensure that Belvac now has full-line equipment capabilities to provide full plant integration services, mitigating risk at installation and start-up.”

Belvac has manufacturing operations in New York, the Netherlands and the Czech Republic, and sales offices in Europe, China, South America and the Middle East.

The company plans to increase its global workforce by 15% in 2021 to fulfil global demands for its equipment and support the announced expansion in services and presence.

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Free Report
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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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