Covertech to invest $10 million in 2017
Toronto based flexible packaging manufacturer Covertech Flexible packaging is investing $ 10 million to increase its capacity and bring on the latest technology in equipment.
Covertech new investment plan involves a new 10 color, 65” flexo-press, and co–ex extruder line, pouch making and bag making machinery. With these new investments, the company is aiming to continue to grow in Canada, as well as into the much larger, faster growing American marketplace. “We believe that our future success will come from our greater participation in the American marketplace” said John Starr, Covertech Flexible Packaging 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 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 approx 100 employees and operates from its modern 107,000 sq ft facility in Toronto, Ontario, Canada.