Powered by

Avery Dennison invests in new RFID factory in Brazil

Feb 21, 2020 - ICT Monitor Worldwide
Mergers and Acquisitions

Avery Dennison is gearing up for future growth of RFID technology with a new manufacturing facility in Brazil.

Just months after signing a deal to acquire Smartrac's transponder division, Avery Dennison announced the location of its next RFID manufacturing facility, its first in Brazil and fifth in the world.

The new factory will be located in Vinhedo, opening in 2021.

Following the completion of the Smartrac acquisition, the companys RFID business will represent a global platf...