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Chesapeake Corporation Begins Construction for Plant Relocation in Germany

Friday, November 22, 2002

Press release from the issuing company

RICHMOND, Va., Nov. 21 -- Chesapeake Corporation has begun construction on a new paperboard packaging and printing plant near Bremen, Germany to replace its existing facility there. Chesapeake's new plant site is in Delmenhorst, approximately five miles from the current operation in Bremen.  The new facility will offer gravure printing with in-line embossing and cutting/creasing in addition to the lithographic printing and finishing services provided by the existing plant. The Delmenhorst plant site also has space available for possible future expansion. Chesapeake plans to install a gravure printing press in the new facility next February before relocating the current plant's lithographic printing presses there in July.  All 90 employees of the existing plant are expected to transfer to the new operation, completing the relocation project late next year. The current plant produces a wide range of cigarette packaging for the tobacco industry, including its largest customer, British American Tobacco. The plant now operates in a building built in 1936 and located within a large former cigarette manufacturing complex.  Various limitations prevent modernization of the existing facility. Chesapeake Corporation is a leading international supplier of value-added specialty paperboard and plastic packaging with headquarters in Richmond, Va. The company is one of Europe's premier suppliers of folding cartons, leaflets and labels, as well as plastic packaging for niche markets.  Chesapeake has more than 50 locations in Europe, North America, Africa and Asia and employs approximately 5,900 people worldwide.




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