Essel Propack Ltd has announced consolidation in its US operations.
In the US, the company had two facilities in Danville, Varginia, one dedicated for laminated tubes and other for plastic tubes. The plastic tube facility which is located 5 miles away from the existing facility of laminated tubes operation in Danville has been relocated into the existing leased laminated tubes facility. The facility adds 110,000 sq ft to the current one and will house the laminated tube, plastic tube and printing operations under one roof.
Globally Essel Propack is consolidating and integrating its business to drive synergies in operations, drive down cost and simplifying the process and logistics. The integration of laminated and plastic tube facility is one of the steps in that direction. The integration of operations in single premises will bring operational synergies helping to improve productivity, cut duplicating establishment costs and bring economics of scale. The facility has provision for further expansion depending on the market demands.
Mayor Saunders of City of Danville, Virginia inaugurated the Essel Propack Americas’ expanded facility at Danville, Virginia.
“This is the fourth expansion in eight years of Essel Propack in Danville. We appreciate the continued preference of Essel Propack to invest in Danville and fully support the company in all its futures plans for growth,” said Mayor Saunders.
In his inaugural speech Ashok Goel, Vice Chairman and MD of Essel Propack, said, “We reiterate our commitment to successfully grow in this market in line with the expectations of our stakeholders.”
“We are committed to maintain our leadership position in the business,” Goel added.
