Guangzhou

Zip-Pak, a leader in resealable solutions, announced the opening of its first  factory in China, located in Guangzhou.  The new facility will localize production of the company’s cost-effective and high quality resealable zipper closures.

Multi-Color Corporation (MCC) plans to invest in establishing label operations in China. Having received Chinese Government approvals, MCC will be located in the major southern city of Guangzhou, near many national and international consumer products brand owners.

China’s entry into WTO, along with the fast and healthy development of food, electronics, pharmaceuticals, tobacco, daily chemicals and other related industries, have provided a favorable platform for the growth of China’s packaging industry. Besides the juicy domestic market, the export market will also lead the packaging industry to grow stronger. According to the “2007-2010 Year China Packaging Development Forecast And Investment Analysis Report” from CCMNET, there are 11,000 domestic packing enterprises in China; and the total output value closed to RMB500 billion in 2006, whereas the paper packing product surpassed 20 million tons. During the Eleventh Five-Year Plan, total output is forecasted to