Elopak announced that it will further accelerate growth by expanding its capacity at the announced U.S. production plant. The new production plant situated in Little Rock, Arkansas, USA is under construction and will now include two production lines.

When announced in June 2023, the production plant included a significant investment of around USD 70 million covering land, building and equipment. State-of-the-art technology will produce Pure-Pak® cartons for liquid dairy, juices, plant-based products and liquid eggs. Over 100 permanent jobs will be created and the new production facility is expected to start production in H1, 2025.

Since this announcement, the company has sold out the full production capacity for the first production line and is experiencing continued demand. Today’s announcement of a second production line will contribute with up to USD 110 million in revenues for an incremental investment of around USD 25 million. The second production line is expected to be in production in 2026.

Thomas Körmendi, CEO says: “I am pleased to announce the expansion of the new US plant with a second production line to continue to build on and accelerate the profitable growth in the region. This is a clear response to the continued strong demand that we see for Elopak as a reliable business partner. This is a new step towards realising our newly announced long-term ambition to become a 2 EUR billion company”.

“We have sold out the full production capacity for the first production line in the new plant, further strengthening and derisking the investment case for our expansion into the US. With the construction progressing according to plan and with a continued strong demand for our products, it is time to add more capacity to better serve existing and new customers in Americas”, says Lionel Ettedgui, EVP North America.

Schneider Industries and New Mill Capital set to conduct multi-day equipment auction for one of the largest fruit processing and packaging plants in the world.

The team of Schneider Industries, New Mill Capital and Smith Food Machinery has been engaged to sell the equipment assets of Seneca Foods fruit processing and packaging plant in Modesto, CA. (USA) Seneca announced the closure of the plant in February 2018. Primarily producing canned apricots, peaches, pears, fruit cocktail, and colored cherries; the plant is one of the largest single location fruit processing and packaging operations in the world.

The sale of assets will consist of thousands of pieces of equipment used for fruit receiving, processing, packaging and plant support. Inspections are currently available by appointment with offers being taken on equipment prior to the auction set for fall 2018.

The approximately 1,846,000 square foot facility features raw receiving, extraction, syrup production, evaporation, stainless processing, decanters, optical sorting lines, blanching, (23) can filling and seaming lines, (28) can cooker coolers, a hydrostatic can cooker, a complete cherry coloring plant, a complete fruit cocktail plant, slicing, dicing, secondary packaging, and all plant support.

“This one is as big as it gets.”, said Eric Weiler, Principal of New Mill Capital. “When you walk into the plant, it takes you an hour just to begin to understand the size and amount of equipment involved. It’s a tremendous opportunity to offer this plant to the fruit processing world.”

The plant is located at 2801 Finch Road in Modesto, CA 95354. The auction to be scheduled in the fall will likely consist of two days onsite/webcast for processing and packaging equipment followed by two days online only for plant support equipment. Additional information can be found at www.schneiderind.com and www.newmillcapital.com. Prospective buyers are urged to schedule early inspection appointments.

“The demand for quality used equipment has been heavy in 2018 and there is plenty of it in Modesto.”, said Dan Rosenthal, COO of Schneider Industries. “It’s a real credit to the Seneca team and maintenance program to maintain this plant the way they did. We’re close to releasing an inventory list of the major assets and expect a strong response from food processors and canning operations around the world.”