Major expansion for Belgian drug industry labeler
One of Belgium’s largest label converters, Reynders Label Printing, is investing more than €9.7 million ($12.9 million) to expand its pharmaceutical division and increase sales throughout Europe. Reynders Pharmaceutical Labels was relocated in new business premises in late November. So far the expansion includes a further 32 new employees, while new plant and equipment includes 14 label presses and a post-production inspection department. Major accounts include Pfizer, Janssen Pharmaceutica, Schering-Plough, Alcon-Couvreur, GlaxoSmithKline, and Baxter.
Reynders Label Printing celebrated its 50th anniversary last year. During the past 15 years it has seen a five-fold increase in the number of employees to reach a workforce of 285 people at its site in Boechout, near Antwerp. The group includes a division to produce self-adhesive labels for the cosmetics, personal care and luxury goods sectors, while another produces labels for security and special applications. There are also Reynders subsidiaries in Poland and France specializing in labels for industrial applications.