Verallia is to invest EUR 80 million into its Villa Poma site in Italy
Verallia has announced that it will be investing in its Italian site at Villa Poma, confirming the centrality of Italy in the global strategy of the Verallia Group.
Container glass manufacturer Verallia is to invest EUR 80 million into its Villa Poma site in Italy in the renovation of its current furnace and the construction of a new one.
Marco Ravasi, Managing Director of Verallia Italia, said: “Italian food and beverage companies continue to grow, thanks to the export of Made in Italy excellences. We are firmly determined to follow the growth of our customers, enhancing their products and brands with our containers, developed with a high content of innovation and sustainability. The most advanced technologies of the glass industry, which will be installed on the site of Villa Poma, will allow us to produce an ever-increasing number of containers, with the highest quality standards in the sector.”
The decision to invest in Villa Poma (Mantova) comes a few years after the construction of Forno 73 in Gazzo Veronese (Verona), confirming the centrality of Italy in the global strategy of the Verallia Group. The company has invested EUR 250 million in Italy in the past five years.
The start of works is expected by 2018 and the furnace, which once fully employed will directly employ about 50 new employees, will start operating in the second half of 2019.
Verallia’s industrial setup in Italy is composed of six plants – Carcare, Dego, Gazzo Veronese, Lonigo, Pescia and Villa Poma – all located in the north of the country.
The majority of Verallia Italia’s turnover comes from the still and sparkling wine segments, also supporting the development of its customers on the export markets, such as that of prosecco. In Italy, Verallia is also present within the beer, spirits, food and soft drinks markets.