VERSTRAETE IML
Belgian in-mould labels specialist to open first US facility / Co-located at plant operated by parent company Constantia Flexibles
Constantia Flexibles already operates a production site in Clarksville (Photo: Verstraete IML)
In-mould labels producer Verstraete IML (Maldegem / Belgium; www.verstraete-iml.com) is taking its first step abroad and plans to commission a new facility in Clarksville, Tennessee / USA in H2 2017. Located at an existing plant operated by its parent Constantia Flexibles (Vienna / Austria; www.cflex.com), the facility will have multiple printing press and finishing lines, and a workforce of about 55. Altogether, Verstraete IML intends to invest EUR 18m in Clarksville over the course of three years.

Vertraete IML managing director Koen Verstraete said, β€œThe decision to expand our production capacity with an international site is a huge step for our company,” adding that North America is the IML market with the best growth potential. The site will allow the company to operate closer to its non-European customer base, and respond more efficiently to demand in the Americas, Europe, Asia, the Middle East and the CIS states.

The company will continue operating its two Belgian plants – located at headquarters and in Ursel – at the same capacity levels. About 65% of the output of these two facilities is currently destined for the European market, with the remaining 35% exported to other world regions.
01.11.2016 Plasteurope.com [235432-0]
Published on 01.11.2016
Verstraete IML: Cnstantia-Tochter plant erstes Werk in den USAGerman version of this article...

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