Orora has committed to spending $42m on additional glass bottle forming lines at its South Australia glass plant, to increase capacity. The increase in output will be around 60m bottles per annum. To maintain production rates, commissioning will be progressive and is expected to commence in the second half of 2016, with completion expected in the first half of 2017. Around 35% of cash flow will be invested in financial year 2016, with the remainder in 2017. The company is also assessing a potential investment of a further 410-15m in an automated warehouse. Orora's glass business is experiencing increased demand within the wine sector, driven by the repatriation of wine that is currently bottled offshore. "The glass business is already in an oversold position, and this investment will enhance Orora's ability to service the increased demand from customers." said Nigel Garrard, Orora's CEO.
