Covertech Flexible Packaging plans to invest $10 million in 2017 to increase capacity in its Toronto, Ontario facility and acquire the latest equipment.
Its investment plan includes the purchase of a new 10-color, 65-inch flexo press, co –ex extruder line, and pouch making and bag making machinery. The company hopes that these acquisitions will help to further its growth in Canada and further expand into the American flexible packaging market.
“We believe that our future success will come from our greater participation in the American marketplace” says John Starr, Covertech Flexible Packaging vice president/partner. “The new equipment will give us more capacity, increased efficiencies, better lead times and (help) improve our overall competitiveness in the market”.
Covertech Flexible Packaging offers a vast array of manufacturing capabilities that include film extrusion, narrow and wide web flexo printing, laminating and bag manufacturing. The company employs about 100 workers and operates from its modern 107,000 square foot facility in Toronto.
Covertech Flexible Packaging