CCL INDUSTRIES ANNOUNCES START-UP WINE LABEL OPERATION IN CALIFORNIA

CCL Industries Inc., a world leader in specialty packaging solutions for the consumer products and healthcare industries,
announced today that it will invest in a new wine label plant in California.
CCL Label will invest $8 million to create a state-of-the-art plant in Sonoma with the latest label converting technologies dedicated to the wine industry. In 2011, wine production exceeded 300 million cases in the United States and has grown consistently over the last two decades. Wine continues to be a growth sector in the label industry as producers switch to pressure sensitive technology and
develop increasingly complex designs to represent the brand signatures of leading wineries.

CCL Label has appointed Mr. Stephan Finke as Vice President & General Manager for the new operation. Mr. Finke has a unique 25-year track record in the wine label industry, much of it as a principal of Cameo Crafts, a leading supplier to the larger wineries in both North America and Latin America. He will also join the board of CCL’s recently announced joint venture in Chile.

Geoffrey T. Martin, President and Chief Executive Officer commented, “We have known Stephan for some time and have long admired his standing in the wine industry. We know that the sector has growth opportunities and coupled with our existing investments in Santiago, Chile, and Portland, Oregon, the new Sonoma plant completes the picture to give us a strong platform to become a leading
player in the Americas. We expect the new plant to commence operations by the fourth quarter of 2012 and will supply customers from our existing operations in the meantime. We plan for the new site to reach profitability in its second year.”

 

About CCL
With headquarters in Toronto, Canada, CCL Industries now employs approximately 6,400 people and operates 71 production facilities globally located to meet the sourcing needs of large international customers. CCL Label is the world’s largest converter of pressure sensitive and film materials for label applications and sells to leading global customers in the consumer packaging, healthcare, automotive and consumer durable markets. CCL Container and CCL Tube are leading producers of aluminum aerosol cans, bottles and extruded plastic tubes for consumer packaged goods customers in the United States, Canada and Mexico.

Source:  http://www.cclind.com/