United Caps Positioned for Growth
Extension of R&D Facilities and Acquisitions
The manufacturer of caps and closures United Caps, Wiltz, Luxemburg, announced it is making progress on its growth initiatives.
The United Caps R&D Center located in Messia, France, just got even better with an expansion in floor space from 400 square meters to 600 square meters, with a 30% increase in both staff and floor space; and it now includes a 3D printer for rapid prototyping, a more modern working environment with increased security, and a restructured organization that enables the R&D staff to be closer to market needs and trends.
The R&D Center is designed to facilitate the United Caps strategy of maintaining a mix of 50% bespoke and 50% standard closures.
In addition, United Cap has recently acquired the Spanish competitor Embalatap. Thus, the company has expanded its product portfolio with the edible oil closures used in the southern European market.
Extension in the UK
As part of United Caps “Close to You” strategy, the company is also planning a new facility in Dinnington close to Sheffield in the UK. The initial facility will be 5,000 square meters, with an option to expand to 20,000 square meters as business growth demands. Production is expected to begin at the end of 2019 and will initially focus on beverage and dairy closures, with options to add additional segments as needed. This project represents an estimated €20 million investment including the first phase of machinery and is expected to increase group turnover by 15% in phase one.
In addition to all of this the company is also opening a new manufacturing plant in Asia at the end of this year.
UNITED CAPS LUXEMBOURG S.A.
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