The Toly Group - a global manufacturer of packaging solutions for make-up, skincare products and fragrances headquartered in Malta - has officially inaugurated its latest manufacturing plant in Korea, located in Bucheon City, Seoul.
The ribbon and cake cutting ceremony was attended by Andy Gatesy - Chairman & CEO of the Toly Group, Mike Yeo - President of Toly Korea, James Lim - President of Toly Airless Packaging Korea and Hitoshi Miyamoto - President of Miyamoto Corporation Japan.
The first Toly Korea Manufacturing (TKM) plant was opened in April 2015, but was quickly outgrown, necessitating the investment in a plant double the size. The new plant has a built-up space of 7,850 sqm and today has 120 employees, with 23 injection moulding machines. The plant is fully integrated with automated assembly, hot foil and silk screen printing, 4 inside spray coating lines and a brand-new state of the art metallising and lacquering line. TKM have also invested in an AOKI machine to produce heavy walled PET bottles by stretch injection blow moulding.
Toly’s history in Korea goes back nearly 15 years and today represents over one third of the Group’s revenue. In addition to TKM, Toly has invested in TAP Korea, a joint venture to produce airless packaging, and has a trading office to manage the supply chain.