Latest news with #GualaClosures
Glasgow Times
6 days ago
- Business
- Glasgow Times
Area claims it is 'Scotland's most attractive places to do business'
According to recent figures, North Lanarkshire's commercial property sales rose by 90% last year, amounting to £145.7million in total. This involved more than 1.6million square feet of commercial space changing hands in 2024/2025, nearly double the amount recorded the previous year. The surge in activity is part of a broader trend of economic growth in the region, with businesses of all sizes, both domestic and international, selecting North Lanarkshire as their base or expansion location. Read more: Residents asked how to spend £19.5m in Coatbridge - here's how to have your say Councillor Alex McVey, convener of the enterprise and fair work committee, said: "These latest figures highlight continued economic growth across North Lanarkshire. "It's part of a coordinated approach by North Lanarkshire Council and our partners over the past few years. "For example, our INVEST pre-planning service is streamlining the process for developers and investors, helping accelerate projects and reducing time to market. "Companies also benefit from one-to-one business advice, training, recruitment support, and access to sector-specific grants and funding. "With a variety of land and accommodation on offer — from start-up units to large industrial premises — the area is an ideal place for businesses to thrive." This month, two major Italian-owned companies, Eurostampa and Guala Closures, opened manufacturing facilities in North Lanarkshire. Eurostampa, a leader in high-quality label printing, relocated from Glasgow to a £30million state-of-the-art facility in Cumbernauld, supported by Scottish Enterprise. This is the largest investment in the company's history, nearly doubling production space and boosting energy efficiency. Eurostampa UK's grand opening (Image: Supplied) Eurostampa UK's grand opening (Image: Supplied) Eurostampa UK's grand opening (Image: Supplied) Gian Franco Cillario, chief executive of Eurostampa, said: "We decided to invest in Scotland — making our largest single investment — because we saw in Scotland an opportunity for future growth. "Our new facility will create extra capacity, help us support customers better, and create a better environment for our employees." Guala Closures, a global specialist in innovative bottle closures, has also opened a new facility in Gartcosh. This €60million plant is one of the largest investments ever made by an Italian company in the UK, employing more than 300 people. The facility, which includes solar panels and energy-efficient lighting, enhances Guala Closures' production capacity and commitment to sustainability. Andrea Lodetti, chief executive of Guala Closures, said: "Our new facility is designed for maximum efficiency and scalability, allowing us to optimise operations and create tangible value, both for our customers and for our business." The site also hosts a specialist R&D centre focused on high-end closures. Read more: Popular Glasgow restaurant & bar announces its shock closure Councillor Kenneth Duffy, Provost of North Lanarkshire, attended the official openings of both businesses. He said: "North Lanarkshire has a reputation for innovation and sustainability; it really is one of Scotland's most exciting business locations. "We have an ever-growing base of investors who are creating new job opportunities for people who live here. "It's a very positive story and I'm proud that so many businesses are choosing to invest here."
Daily Record
24-07-2025
- Business
- Daily Record
Surge in investment activity in North Lanarkshire
Commercial property sales in the area soared by 90 per cent in the past financial year alone, reaching a total value of £145.7 million. North Lanarkshire is becoming one of Scotland's most attractive places to do business, with a surge in investment activity in recent months. Recent figures reveal that commercial property sales in the area soared by 90 per cent in the past financial year alone, reaching a total value of £145.7 million. In addition, more than 1.6 million square feet of commercial space changed hands in 2024/25 - nearly double the figure recorded the year before. The rise in activity is being driven by a wave of confidence from businesses of all sizes, with both domestic firms and international players choosing to expand or base themselves in the area. Councillor Alex McVey, convener of the enterprise and fair work committee, explained: "These latest figures highlight continued economic growth across North Lanarkshire. "It's part of a co-ordinated approach by North Lanarkshire Council and our partners over the past few years. "For example, our INVEST pre-planning service is streamlining the process for developers and investors, helping accelerate projects and reducing time to market. "Companies also benefit from one-to-one business advice, training, recruitment support, and access to sector-specific grants and funding. "With a variety of land and accommodation on offer - from start-up units to large industrial premises - the area is an ideal place for businesses to thrive." Just this month two major Italian-owned companies, Eurostampa and Guala Closures, opened major new manufacturing facilities in North Lanarkshire. Eurostampa, a leader in high-quality label printing, has moved from Glasgow to a state-of-the-art facility in Cumbernauld. This £30 million investment, supported by Scottish Enterprise, represents the largest in the company's history. The new site nearly doubles the company's production space, enabling it to meet growing demand, especially from the Scotch whisky sector, while also improving energy efficiency and reducing carbon emissions. Meanwhile, only a few miles away in Gartcosh, Guala Closures, a global specialist in innovative bottle closures, has officially opened its own cutting-edge facility after investing over €60 million. The plant, which spans 20,000 square metres and employs more than 300 people, is one of the largest investments ever made by an Italian company in the UK. The facility not only boosts Guala Closures' production capacity but also demonstrates a strong commitment to sustainability. "Our new facility is designed for maximum efficiency and scalability, allowing us to optimise operations and create tangible value, both for our customers and for our business," said Andrea Lodetti, CEO of Guala Closures. With solar panels, energy-efficient lighting, and responsible water management systems, the site is built to the highest environmental standards. It also hosts a specialist R&D centre focused on high-end closures, helping the company develop bespoke, high-performance packaging solutions for the whisky industry and beyond. Councillor Kenneth Duffy, Provost of North Lanarkshire, attended the official openings of both businesses. He welcomed the news, saying: "North Lanarkshire has a reputation for innovation and sustainability, it really is one of Scotland's most exciting business locations. "We have an ever-growing base of investors who are creating new job opportunities for people who live here. "It's a very positive story and I'm proud that so many businesses are choosing to invest here." *Don't miss the latest headlines from around Lanarkshire. Sign up to our newsletters here. And did you know Lanarkshire Live had its own app? Download yours for free here.
Scotsman
18-07-2025
- Business
- Scotsman
Whisky industry supplier Guala Closures invests £52m in new Scottish plant to house 300 workers
'The investment is one of the largest made by an Italian business in the UK' – Adrian Gillespie, Scottish Enterprise Sign up to our Scotsman Money newsletter, covering all you need to know to help manage your money. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... A key supplier to Scotland's whisky industry has officially opened a new 'state-of-the-art' Lanarkshire plant that will house more than 300 workers. Guala Closures' Gartcosh factory follows investment of more than €60 million (£52m) - one of the largest contributions ever made by an Italian company in the UK. That backing includes a £3m-plus grant from Scottish Enterprise, unveiled in 2022. Advertisement Hide Ad Advertisement Hide Ad That announcement three years ago helped safeguard the jobs of hundreds of employees based at sites in Bridge of Allan and Kirkintilloch, who were merged at the new facility. An aerial view of the new 'state-of-the-art' Guala Closures facility at Gartcosh. Guala, which is headquartered in Italy, is the only manufacturer of closures to the whisky industry in Scotland and produces bottle pouring mechanisms for customers including Diageo, Chivas and Edrington. The firm's new centralised facility spans some 20,000 square metres and is expected to employ more than 300 'skilled professionals'. The plant features 2.4 megawatts of solar panels installed on its roof. Andrea Lodetti, chief executive of Guala Closures, said: 'The opening of our Gartcosh facility is more than just an inauguration - it's a bold statement of our vision for the future. With this investment, we are strengthening our roots in a region that is globally iconic, reinforcing our commitment to the Scotch whisky industry, and setting a new benchmark in sustainable, high-performance packaging. Advertisement Hide Ad Advertisement Hide Ad 'The facility is designed for maximum efficiency and scalability, allowing us to optimise operations and create tangible value, both for our customers and for our business.' Scottish Enterprise chief executive Adrian Gillespie said: 'The investment is one of the largest made by an Italian business in the UK. It includes over €3.5m in grant from Scottish Enterprise, which approved the sale of land at Gartcosh Business Interchange to Guala for the development, underlining the significance of the project at both a national and international level.' Scottish minister for public finance Ivan McKee added: 'Guala Closures' new €60m-plus investment shows real confidence in Scotland as a place for business and innovation, further highlighting Scotland's position as a key inward investment destination among global investors. 'The company is critical to the whisky industry here in Scotland. This site alone supports more than 300 high quality jobs and is at the centre of the wider regeneration of the Gartcosh area.' Advertisement Hide Ad Advertisement Hide Ad Guala Closures Group has 37 production facilities and a presence in more than 100 countries. It is seen as a global leader in closures for spirits, wines, beer, non-alcoholic beverages, edible oil and condiments. In 2024, the group recorded more than €830m in revenue, powered by some 5,000 employees, seven research and development centres and 200-plus patents.
