Evansville-based Berry Global Group Inc. (NYSE: BERY) says it plans to invest approximately $30 million to increase production capacity for ultra-high-performance stretch film. The company says the plastic film is used for a variety of purposes, such as pallet wrapping which holds products in place during shipping.
“Stretch film customers continue to seek palletization films that decrease breakage, damage and loss, while reducing wrapping cost and providing sustainable value,” said Mike Hill, President of Berry’s Engineered Materials Division
Berry says the upgrades will take place at nine of the company’s North American locations that currently manufacture stretch film.
The projects are set to begin immediately and are expected to be completed by April 2021.