Granby, August 16 2017 – Plastube Inc., a leader in manufacturing, extrusion and tube decoration for the cosmetic, pharmaceutical, industrial of food markets, announced today that it will proceed to an investment of $9M in its operations in order to increase its competitiveness and support growth initiatives.

One of the key investments is the $5.5M acquisition of a digital impression technology called Jet Print. “The Jet Print technology will allow for improved production turn around and product delivery positioning Plastube as a more agile and responsive supplier,” said Gilles Decelles, CEO of Plastube.

Other investments totalling $3.5M are made in equipment upgrades and automation technologies.

“In the end, these investments bring up our production capabilities from 60 millions tupes per year to 100 millions,” according to Mr. Decelles.