Chinese cosmetics packaging molder HCP Holdings Inc. is planning a sizable expansion of its facility in Suzhou, China, part of a series of investments the company is making after its purchase last year by American private equity firm TPG Capital LP.
North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.
For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.
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