Cryovac to spend $300 million to boost output

As part of the domestic capital investment, about $100 million is earmarked for state-of-the-art bag production equipment at Simp-sonville, SC, Iowa Park, TX and Mississauga, Ont., Canada. Another $30 million will enable Iowa Park and the plant at Seneca, SC, to boost production of flexible films, especially for fresh-cut produce customers. Several new printing presses will also be added.

The balance of the domestic capital will improve production of laminated films at the Simpsonville plant. Last year, the company improved output at plants in the United Kingdom and France, and announced new plants in Malaysia and Russia.