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Wednesday, May 04, 2005

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Essel Propack US plant investment

Our Bureau

MUMBAI: Essel Propack has announced investment plans of $15 million for its manufacturing facility at Danville in the US. This was firmed up during the meeting at Mumbai with a Virginia trade delegation, led by Governor Mr Mark R. Warner.

"The expansion will allow the company to supply laminated tubes and caps and closures to Procter & Gamble as well as other toothpaste and cosmetic product companies in the US," Essel Propack said in a news release. The company said its plans are in line with its declared strategic growth intent for the US and the Americas.

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