UPM Raflatac to Build New Labelstock Plant in Illinois
July 27, 2006 - UPM Raflatac said that it has plans to build a new pressure sensitive labelstock factory in Dixon, Illinois, 105 miles west of Chicago.
According to UPM, the new plant will focus on serving label converters in the Midwest.
Construction will begin immediately and completion is slated for the first quarter of 2008, UPM said.
The value of the investment will be about US$109 million.
"With the Dixon investment we will complete our service network in the U.S. market, consisting of our labelstock and RFID tag and inlay factories in Fletcher, North Carolina and the slitting terminals in Wilkes-Barre, Pennsylvania and Ontario, California," said Heikki Pikkarainen, president, UPM Raflatac.
"The Dixon factory will enable us to grow further in North America where the market growth is annually approximately 5 percent," Pikkarainen added.