NELMAR Enhances Its Production Capacity with Latest Round of Capital Expenditure

 
 
Spread the Word
Listed Under

Tag:
* Banking

Industry:
* Banking

Location:
* Terrebonne - Quebec - Canada

Subject:
* Projects

TERREBONNE, Quebec - Jan. 16, 2020 - PRLog -- NELMAR Security Packaging Systems Inc. announced that its three new film converting (bag-making) machines have been installed and are fully operational, enhancing production capacity by more than 280 million security bags per year.

NELMAR continues to focus on innovation in implementing and maintaining the industry's highest manufacturing standards. "We are positioning NELMAR to win in a market, where our customers continue to demand the highest quality products at the most competitive prices. We're committed to delivering premium products, manufactured with the greatest consistency," said President & CEO, Neil Freder. "This mission can only be achieved through a continuous investment in the newest cutting-edge technology."

The three converting machines join a fleet of world-class extrusion, printing, lamination, and existing converting equipment at NELMAR's 200,000 ft2 manufacturing facility. NELMAR's recent capital expenditure is only the latest example of its commitment to providing the highest quality products and services, with over $28 million invested in machinery in the last five years alone. Due to arrive in June 2020, NELMAR will also be adding 10 million lbs. of new capacity with an additional extruder to be operational in August.

About NELMAR Security Packaging Systems Inc.
NELMAR has been at the forefront of the security packaging industry for over 35 years, protecting currency and assets in transit for banks, retailers, armored carriers, and many other industries. Its advanced tamper-evident security products are sold under the trademark names FRAUDSTOPPER™, FRAUDSTOPPER ONE™, FRAUDSTOPPER ICE™, SECUR-PAK™, MASTERCOIN™, and ARMOTAPE™.

For more information, please visit http://www.nelmar.com or call 800.363.2283.

Media Contact
Sam Pearl
Director, Marketing & Communications
NELMAR Security Packaging Systems Inc.
800.363.2283 x318
sam.pearl@nelmar.com

Media Contact
Sam Pearl
sam.pearl@nelmar.com
8003632283
End
Email:***@nelmar.com Email Verified
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Page Updated Last on: Jan 16, 2020
NELMAR Security Packaging Systems Inc. News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share