Amcor Plc AMCR announced the completion of construction of its state-of-the-art coating facility for healthcare packaging in Selangor, MY. This move expands Amcor’s existing healthcare packaging plant in Selangor.

AMCR’s Facility to Set Standard Efficiency

With the construction of the new facility, Amcor created an integrated campus that will enable the company to produce top and bottom substrates for medical device packaging in Asia. This will result in improved supply-chain stability and shorter lead times, thus helping customers.

The advanced facility uses air knife coating technology, strengthening the supply of high-quality, sterile packaging for healthcare customers — a first in Asia. The center is also equipped with innovative technologies like water-based coating systems, online inspection systems and air knife technology. The air knife technology uses high-speed air streams to apply uniform coatings, resulting in more consistent products and less waste.

Amcor’s New Facility to Boost Healthcare Packaging in Asia

This facility is part of AMCR's broader Asia Pacific healthcare expansion.

Amcor's investment in advanced coating technologies and regional expansion addresses the growing demand for high-performance healthcare packaging. It reinforces the company’s commitment to deliver innovative value to customers globally.

Local production of Amcor’s industry-leading product platform enhances customer proximity, supply security and flexibility.

AMCR Stock’s Price Performance

In the past year, AMCR shares have gained 9.5% compared with the industry’s 1.5% growth.

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Amcor’s Zacks Rank & Stocks to Consider

Amcor currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks from the Industrial Products sector are Applied Industrial Technologies, Inc. AIT, ADT Inc. ADT and ESCO Technologies Inc. ESE. These three companies have a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

Applied Industrial has an average trailing four-quarter earnings surprise of 5.3%. The Zacks Consensus Estimate for AIT’s 2025 earnings is pinned at $9.90 per share, which indicates year-over-year growth of 1.5%. Applied Industrial’s shares have gained 15.8% in a year.

The Zacks Consensus Estimate for ADT’s 2025 earnings is pegged at 83 cents per share, which indicates year-over-year growth of 10.6%. The company has a trailing four-quarter average earnings surprise of 6.3%. ADT shares have gained 20.4% in a year.

The Zacks Consensus Estimate for ESCO Technologies’ 2025 earnings is pegged at $5.70 per share, which indicates year-over-year growth of 36.4%. ESE shares have gained 36.6% in a year.

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This article originally published on Zacks Investment Research (zacks.com).

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