Posted on 2016-01-20
“The investment is not a surprise call, it’s a much needed anticipated decision considering that we were almost at full utilization of our existing production capabilities.” Toyo Packaging took a great step forward when by investing into a new Rotogravure Printing Machine. The company confirmed the signing of the new machinery on 27th May 2015 when the company’s Managing Director, Shariq Maqbool along with the company’s Operations Director, Habib Elahi visited to China to attend the ChinaPlas 2015 Exhibition in Guangzhou. The company’s Operation Director expressed that the decision did not came as a surprise, instead it was a more anticipated strategic move considering the company’s rapid growth in the prevailing years. He stated: “The investment is not a surprise call, it’s a much needed anticipated decision considering that we were almost at full utilization of our existing production capabilities.” The new expansion means that Toyo Packaging will have an additional printing capacity of One Hundred and Twenty Five tons, leading to at least Two Hundred and Fifty tons of laminated products. This almost doubles their existing production capability of the Flexible packaging production and is a bold step forward considering other competitors have also invested in recent times. Many people anticipate that Toyo’s expansion is based on the changing dynamics of the Flexible Packaging Industry where a number of companies have invested in new projects. Referring to this view, when we spoke to the Managing Director of the company, he emphasized that this has not been an influential factor when signing of the new machine. “The expansion project is justified with our existing capacity utilization and the changing dynamics of the market does not have a major impact on our decision”.
Toyo Packaging has proved itself as an innovative and strategic supply chain partner. Their proactive approach and persistent efforts to keep up with the latest trends make them one of the most reliable supplier in the packaging industry.
Hilal Foods has been working with Toyo Packaging for over 25 years and during this time we have found them to be a thoroughly reliable and high-quality packaging supplier with strong emphasis on customer service. I would not hesitate to recommend their services to anyone.
We find that Toyo Packaging goes the extra mile, especially with their ability to deliver cost-effective solutions while at the same time adapting to our specific requirements. The products are top quality with great functionality.
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