MALAYSIA (News release) -- Huhtamaki, a key global provider of sustainable packaging solutions for consumers around the world, is investing in a new manufacturing site in Malaysia. In order to better serve its customers and respond to future growth of the sector in Southeast Asia, the company is transferring its Malaysian manufacturing base from Penang to Port Klang, Selangor State, the capital region of Malaysia. The new site is expected to be fully operational by the end of the second quarter of 2021.
"By investing in a world-class facility in Malaysia we are creating a platform for future growth in Southeast Asia. The new site is strategically located, it is close to our key customers and has easy access to neighboring countries. We will also use the relocation as an opportunity to modernize our equipment and increase automation to improve efficiency. Our initial focus will be on manufacturing paper cups, as in the existing facility, but the new site will also allow us to expand the product range and introduce new sustainable paper-based technologies as we grow, fully leveraging our global packaging expertise," says Eric Le Lay, President, Fiber Foodservice EAO.
The total investment including improvements in infrastructure, and machinery investments and installations, is approximately EUR 10 million. The majority of the investment will take place in the first half of 2021. Huhtamaki's current employees in Malaysia, app. 150 people, will be offered the opportunity to re-locate to the new site.
|
