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.