DS Smith Announced Strategic Investment to Expand its Innovation Footprint
At Fuzesabony, the company aims to establish a highly efficient, state-of-the-art facility, thus making it a new hub for innovative packaging solutions.
SEATTLE (Scrap Monster): With the help of the Hungarian Investment Promotion Agency, DS Smith announced a substantial €34 million investment to increase its innovation footprint in Hungary. The investment is regarded as a component of the business's aggressive East European expansion plan. Along with promoting environmentally friendly packaging options throughout the area, the investment will benefit its partners and clients.
The investment will improve the operations of DS Smith Packaging at strategic sites in Gyor, Nagykata, and Fuzesabony. It is anticipated that the suggested initiatives will be finished by April 2026.Its manufacturing capacity will increase by more than 40% as a result of the expansion, which aims to introduce sophisticated capabilities.
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The goal of Fuzesabony is to create a cutting-edge, highly effective facility that will serve as a new center for creative packaging solutions. At the Gyor location, a new conversion apparatus will be set up. To enhance board quality in the interim, the renovation of the corrugator will be given top priority in the Nagykata investment.
The €34 million investment in Hungary is a significant step in expanding DS Smith Packaging East Europe's manufacturing capacity, fortifying its presence in Eastern Europe, and furthering its dedication to environmentally friendly packaging solutions, according to Reinier Schlatmann, Managing Director.
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