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Article | June 30, 2007
Areas Of Future Growth
Toll Packaging Group has an objective of 20% year-to-year sales growth. Besides efficiency and quality process improvements, the company is focusing on three core growth areas:
- Increasing the human food packaging side of the business. Growth increased by 50% from 2005 to 2006.
- Expanding specialty packaging such as organic and kosher for marketers lacking in-house production capability and know-how.
- Growing product blending. At one time, the company had a robust product-blending business. In recent years, products have tended to come through the doors pre-blended. That is changing,
Wilson/>/> notes. “It’s related to cost. If something has to be blended in one place and shipped to another location to be packed out, it adds cost. The most efficient solution is to blend, fill, and pack all under one roof.”
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