Amcor expands in USA.MELBOURNE, Australia--(BUSINESS WIRE)--Sept. 27, 1996--Amcor Limited (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AMCRY) announced today that it's Canadian subsidiary, Twinpak Inc.'s dairy and food packaging unit plans to build a new plant in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The 100,000 square foot plant, representing an investment of Can$20 million (A$18.5 million), will be built at Newport News, Virginia. Construction will begin soon and is expected to be completed by April 1997. The plant will supply the dairy and food unit's new and existing customers in the eastern region of North America. An existing facility in Regina, Saskatchewan, Canada, which has completed a Can$6 million (A$5.5 million) expansion program in the past year, will continue to supply the central and western regions of North America. Twinpak's dairy and food unit manufactures printed and unprinted rigid containers and lids, using a solid phase, pressure forming process, for the dairy, food and food service markets. The Newport News plant will have an initial capacity in excess of 700 million units a year. This investment represents a further extension of Amcor's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. packaging interests which are developing around Twinpak. Twinpak, based in Montreal, is part of Amcor's Containers Packaging division and has 17 manufacturing operations and distribution centers across Canada. Amcor is a leading international packaging and paper company and one of Australia's largest public companies. The company's American Depositary Shares American Depositary Share (ADS) Foreign stock issued in the US and registered in the ADR system. are traded over the NASDAQ National Market System. One ADR ADR - Astra Digital Radio represents four ordinary shares. CONTACT: Australia Peter Cairns Cairns, city (1991 pop. 64,463), Queensland, NE Australia, on Trinity Bay. It is a principal sugar port of Australia; lumber and other agricultural products are also exported. The city's proximity to the Great Barrier Reef has made it a tourist center. Chris Nixon General Manager Managing Director Corporate Affairs Containers Packaging Amcor Limited Telephone: 03-9229-3330 Telephone: 03-9694-9645 or United States Cindy Lyman Gavin Anderson & Company Telephone: 212-373-0200 |
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