Amcor announces US$25 million capital investment, plans for workforce growth
Amcor, a global leader in high-quality flexible packaging solutions, has announced plans to invest more than $25 million to upgrade its Madison facilities starting in 2018 and into 2019 to expand capacity, improve quality and reduce waste while updating technology.
The planned investment includes the acquisition of new machinery and updates to existing infrastructure to enable expanded service offerings for customers in the medical, pharmaceutical, food and home/personal care markets.
Amcor and Neenah-based Bemis announced in early August an agreement for Amcor to acquire Bemis and combine the two companies. Bemis is more than 4,500 employees in Wisconsin.
According to Amcor Flexibles Madison General Manager Timm Goodmanson, the expansion is expected to result in a close to 50 percent increase in employment at the plant.
In addition, Mr. Goodmanson said the project is also expected to bring more than 150 construction jobs to Madison spread across general contractors, subcontractors, and local and Wisconsin-based suppliers.
