December 14, 2016 by Canadian Plastics
Toronto-based flexible packaging manufacturer Covertech Flexible Packaging Inc. has announced plans to invest $10 million throughout 2017 for new equipment designed to increase its capacity and grow its business into the American marketplace.
The firm is purchasing a new 10-colour, 65-inch flexo-press; a new co–ex extruder line; and new pouch making and bag making machinery.
“We believe that our future success will come from our greater participation in the American marketplace” said John Starr, Covertech’s vice president/partner. “The new equipment will give us more capacity, increased efficiencies; better lead times and improves our overall competitiveness in the market.”
Covertech provides film extrusion, narrow and wide web flexo-printing, laminating, and bag manufacturing. The firm employs approximately 100 employees and operates from a 107,000-square-foot facility in Toronto.