EVANSVILLE, Ind. (Inside INdiana Business) — Evansville-based Berry Global Group Inc. (NYSE: BERY) is investing more than $70 million to support what it says is continued growth in recyclable consumer packaging films. The plastics packaging company says the investment will fuel new multi-layer blown film production lines, as well as infrastructure and equipment upgrades over the next two years.
Berry says the new lines will support an anticipated increase in customer demand for recycled content. The company says it will use the investment to further enhance the number of fully recyclable, biodegradable, or compostable film products, as well as incorporate renewably-sourced raw materials into its shrink film and other flexible film products.
“These investments are strategically focused on expanding our advantaged product portfolio to help our customers meet their sustainability goals, while concurrently driving innovation in anticipation of future sustainability needs in the flexible packaging market,” said Jerry Lamarre, executive vice president and general manager of engineered products for Berry’s Engineered Materials Division.
The new production lines and infrastructure upgrades are expected to come online later this year and in 2022 at its various manufacturing facilities across North America.