ACTEGA, a division of the specialty chemicals group ALTANA, announced a $5 million investment to automate and expand capabilities at its N.J. facility.
ACTEGA is a manufacturer of specialty coatings, inks, adhesives, sealants and compounds with a focus on the packaging and print industry. The company says that this investment will fund numerous developments across the site, including the transition to automated production processes, with plans to increase production capacity and storage space.
The multiple expansion projects and process improvements planned for the site—which is mainly dedicated to coating operations—have already begun, with the full development plan set to be completed in the first quarter of 2024.
ACTEGA says that these enhanced storage capabilities will play an instrumental role in helping it address raw materials issues, which industry suppliers have faced in recent years. The company hopes that the investment will enable it to further integrate its manufacturing process to increase efficiency, reduce costs and drive the flexibility of the facility to handle material supplies and store large quantities of products for high-volume customers.