Belvac Continues to Invest in Expansion to Meet Global Demand
Belvac, a part of Dover (NYSE: DOV), announced a significant investment to expand its container and engineering services. The introduction of a new two-piece can pilot line enhances production capabilities to meet rising global demand for beverage can-making equipment. Additionally, Belvac is increasing its manufacturing capacity by 40,000 sq ft in Bedford County, VA. The company plans to grow its workforce by 15% in 2021 to support expanded services. Belvac aims to produce specialty-shaped containers and test materials for innovative packaging solutions.
- Investment in a new two-piece can pilot line enhances production capabilities.
- Expansion of manufacturing capacity by 40,000 sq ft in Bedford County, VA.
- 15% increase in workforce planned for 2021 to meet growing demand.
- None.
DOWNERS GROVE, Ill., March 11, 2021 /PRNewswire/ -- Belvac, part of Dover (NYSE: DOV), and a worldwide leader in can forming and decorating technologies for the two-piece can industry, has expanded its container and engineering services with a significant investment in a fully functional, two-piece can pilot line. The addition of this pilot line strengthens Belvac's capabilities and offerings to support increased global demand for beverage can-making equipment and support services. In addition, Belvac is expanding its footprint by adding 40,000 sq ft of manufacturing and assembly capacity in Bedford County, VA to meet continued demand for Belvac equipment such as trimmers, neckers and decorators.
The specific addition of the pilot line gives brand owners and converters the opportunity to develop innovative specialty-shaped two-piece aluminum beverage and aerosol containers. Container makers can also use it for testing coatings and inks along with material light-weighting. In the near future, Belvac expects to offer low-volume manufacturing of finished containers for market tests. This pilot line supports Belvac's existing turnkey can and metal bottle integration business by producing cups and preforms to test container concepts in advance of final equipment installation and high volume end customer container production.
"Increased consumer demand for more environmentally friendly aluminum beverage cans and bottles, which better meet environmental standards and regulatory conditions are driving growth throughout the can-making industry. Belvac anticipated this increased demand for our products and services and has been investing to expand our manufacturing capabilities, product offering, and support services. These most recent investments ensure that Belvac now has full-line equipment capabilities to provide full plant integration services, mitigating risk at installation and startup," said David Mammolenti, Executive Vice President, Belvac.
Belvac is headquartered in Lynchburg, VA with manufacturing operations in Virginia, New York, Dongen, Netherlands, Plzen, Czech Republic, and sales offices in Europe, China, South America, and the Middle East.
The company will increase its global workforce by
About Belvac:
Belvac was founded in 1962 (as Belgium Tool & Die Company) in Lynchburg, Virginia by Al Stroobants. Belvac has been a part of Dover Corporation since 1993. For over fifty years, Belvac has turned innovative ideas into world-class machinery, serving both the can-making and plastics industry. Learn more at Belvac.com.
About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately
Belvac Contact:
Ruben Robles
(434) 832-7339
rubenr@belvac.com
Dover Media Contact:
Adrian Sakowicz, VP, Communications
(630) 743-5039
asakowicz@dovercorp.com
Dover Investor Contact:
Andrey Galiuk, VP, Corporate Development and Investor Relations
(630) 743-5131
agaliuk@dovercorp.com
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SOURCE Dover
