MANILA, Oct. 28 (PNA) — Amcor Flexibles Asia Pacific (AFAP) announced on Tuesday it will build a multi-million-dollar flexible packaging plant in the Philippines as it expands footprint in Asia.
“The partnership in establishing a plant in one of Asia’s key markets will allow Amcor to support the growth in the Philippines and bring benefits to the local community Amcor operates in,” the company said in a statement.
The investment builds on the existing strategic customer partnership and delivers direct in-country production thereby improving Amcor’s speed-to-market in the Filipino market.
The new plant, which is expected to be fully operational in 2016, will manufacture high performance packaging for a leading multinational consumer brand.
“Emerging Asia remains an important focus for Amcor Flexibles and with 38 plants in eight countries today, our presence in the Asia Pacific region will continue to grow both organically and through acquisitions,” said company president Ralf Wunderlich.
AFAP, a Business Group of Amcor Limited, is the largest flexible packaging manufacturer and provider of a range of flexible packaging solutions to customers across the broad Asia Pacific region.
It employs more than 6,000 people across 37 manufacturing plants in seven countries. (PNA)