Avery Dennison Makes EUR 60 Million Investment

Avery Dennison Corporation has made two investments aimed at expanding its manufacturing capacity and improving factory efficiency in Europe to meet growing demand for label and packaging materials.

The company said it is one year into a three-year, EUR 45 million expansion of its facilities at Champ-sur-Drac, France. Enhancements include five new logistical buildings covering more than 8,700 square meters, a new automated warehouse, and an additional hotmelt adhesive coater, scheduled to come online during 2024.

At its Luxembourg facility specializing in labels made with acrylic emulsion adhesives, the company has undertaken an EUR 15 million project to redesign operational flow and add a new emulsion specialty coater. The coater is expected to come online during the first quarter of 2023.

The company stated that these expansions will take the company closer to fully embracing Industry 4.0 practices by increasing efficiency, reducing operating costs, and freeing employees to perform safer, higher-value tasks.

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