Actega invests $5 Million to automate and expand capabilities at New Jersey facility
posted Tuesday 02 May 2023
Actega, a manufacturer of specialty coatings, inks, adhesives, sealants and compounds with a focus on the packaging and print industry, has announced a $5 million investment in its New Jersey facility.
The investment will fund numerous developments across the site, including the transition to automated production processes and plans to increase production capacity and storage space. With this significant investment and focus on boosting its market share in both packaging and print, Actega is ideally positioned to succeed in the highly competitive North American market.
The multiple expansion projects and process improvements planned for the New Jersey site – which is mainly dedicated to coating operations – have already begun, with the full development plan set to be completed in the first quarter of 2024. As part of this ambitious initiative, Actega is implementing advanced technologies with the aim of increasing automation to reduce cost, minimize human error and increase efficiencies. Standardizing workflows and enhancing manufacturing processes will also enable Actega to optimize its product formulations, further improving accuracy and consistency of quality, as well as increasing overall production bandwidth and operational efficiency.
Another part of this initiative sees Actega embark on an expansion plan with an emphasis on increasing facility space and production capacity. The company’s enhanced storage capabilities will play an instrumental role in helping Actega address the raw materials issues, faced by all industry suppliers in recent years. It will not only enable the company to further integrate its’ manufacturing process to drive efficiency but also reduce costs while driving flexibility to handle material supplies and store large quantities of products for high-volume customers.