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Axium celebrates launch of Ontario manufacturing facility
Yahoo Financeยท 2025-09-24 09:07
Core Insights - Axium Packaging has launched a new facility in Brampton, Ontario, marking its third site in the province and expanding its North American network to 25 facilities [1][5] - The new plant is designed to enhance operational efficiency and sustainability, featuring advanced packaging equipment and integrated resource management systems [2][3] Group 1: Facility Details - The Brampton facility spans 227,000 square feet and includes 45 packaging equipment lines for various moulding processes [1][2] - The plant is strategically located near key logistics hubs, reducing travel and delivery times, which lowers environmental impact and production costs [4] Group 2: Sustainability Initiatives - Sustainability is a major focus, with the facility housing ten plastic resin silos, three of which store post-consumer recycled (PCR) plastic [3] - Axium utilizes PCR in up to 30% of its packaging solutions, with plans to increase this percentage to meet rising demand [3] Group 3: Operational Impact - Operations at the new facility are already underway, with expectations of creating additional jobs and enhancing Axium's capacity to serve various consumer product sectors [5] - The opening of the facility coincides with Axium's 15th anniversary, highlighting the company's growth and commitment to the market [5]