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Gerresheimer AG - Dusseldorf, Germany-based manufacturer of drug packaging and delivery systems - Completes investment of around €100 million in its state-of-the-art glass production facility at its Lohr site in Germany. Completes the modernisation and expansion of the site following over two years of planning and construction. Notes that the project was focused on upgrading two glass melting furnaces with state-of-the-art oxy-hybrid replacements. These offer greater capacity and consume less electricity, says Gerresheimer. Noted that the investment represents one of its largest investments in moulded glass in recent years. Adds that the project strengthens its competitive position as an innovative systems and solutions provider, and as a ‘future-proof’ employer in the region. Chief Executive Dietmar Siemssen says: ‘Our investments in cutting-edge production technology, such as the new facility in Lohr, secure the future...With state-of-the-art facilities for high-value products, we are strengthening our competitiveness, securing long-term jobs in the region and making significant progress toward our ambitious sustainability goals.’ Current stock price: €62.05, up 1.7% on Monday afternoon in Frankfurt 12-month change: down 37% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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