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Essel Propack plans $15mn expansion in US

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Press Trust of India Mumbai
Essel Propack today announced investment plans of $15 million for its manufacturing facility at Danville, USA.

"The expansion was firmed up during a recent meeting with Virginia trade delegation led by Governor Mark R Warner," Essel Propack said in a release issued to the BSE today.

The expansion would allow the company to supply laminated tubes, caps and closures to Procter & Gamble as well as other toothpaste and cosmetic product companies in the US, the release added.

Ashok Goel, vice-chairman and managing director of Essel Propack,  said the expansion plans are in line with declared strategic growth intent for the US. "With the continued all-round support from the state of Virginia and the city of Danville, we are sure to attain leadership status in the US market in the course of time," he said.

 
 

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First Published: May 02 2005 | 12:08 PM IST

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