Investments Flowing into Luxembourg's Industry

Over the past summer months, five large industrial players announced important investments in the country:

DuPont has chosen Luxembourg and invested around 300 million euros to open a new second production line of its product Tyvek, a multi-application protection material. 

Avery Dennison, the global manufacturer of packaging trends, is investing 65 million USD to expand its Luxembourg production facility to strengthen its European manufacturing footprint. The investment is one of Avery Dennison's largest operational initiatives globally in recent years.

The aviation materials production firm, Euro-Composites, is investing 61 million euros for the construction of new buildings and the acquisition of new advanced equipment at a site in the east of the country.

FAGE, an established player in the international dairy industry, has chosen Luxembourg for its next investment and that's to the tune of 100 million euros and around 100 new jobs on its new production site and moving its headquarters from Greece to Luxembourg.

Retal, a French manufacturers of polyethylene terephthalate (PET) for use in the packaging industry, has chosen Luxembourg to establish there one of its three new factories.

Disclaimer
The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.
Top