De La Rue Announces Upgrade to Malta Site
De La Rue recently announced a major investment to expand its existing facilities in Malta, in order to create a 29,000m2 manufacturing site. The expansion will double De La Rue Authentication’s manufacturing capacity for tax stamps and brand protection labels.
Today, De La Rue Malta exports to 85 countries around the world and generates €30 million per annum for the local economy. The facility produces tax stamps, authentication labels, polycarbonate data pages for passports, and banknotes. This financial year, De La Rue will produce a total of over 14 billion secure documents at the Malta site.
In addition to doubling its tax stamp and label capacity, the investment will extend De La Rue’s Industry 4.0 journey, with manufacturing fully integrated with the company’s traceability software platforms, DLR Certify™ and Traceology®, said the company. This underlines the strong growth experienced by the Government Revenue Solutions business, which has led to the doubling of revenues for the Authentication division in the last three years.
Security labels for excise products and brands remain a critical element in digital interoperability for track and trace schemes, and the division continues to invest in software solutions and physical security features to enable products to be serialised and secured anywhere around the world.
De La Rue Authentication Managing Director Andrew Clint said: ‘we are incredibly proud of what our dedicated team in Malta has achieved in the last three years to support the introduction of new tax stamp schemes around the world. Investing in Malta allows us to leverage this expertise and to ensure a consistent, highly secure service to our current and new Authentication customers’.
The investment is supported by Malta’s economic development agency Malta Enterprise and by the government of Malta. Malta Enterprise is tasked with attracting new foreign direct investment as well as facilitating the growth of existing operations. This project reflects the ongoing strong relationship between De La Rue and the government of Malta, it said.
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