MILAN, Italy—Cannon Group said it will supply a complete foaming plant to Maersk Container Industry that will produce reefers, temperature-controlled containers used to transport frozen or refrigerated goods.
The core of the operation in San Antonio, Chile, will be a polyurethane injection plant, where all the foam-insulated components of the box reefer will be manufactured. It will be able to produce reefers at a rate of one complete box assembled every nine minutes, Cannon said.
The total investment in the project is $170 million. Cannon didn't specify if this was for the factory as a whole, or for its foaming plant.
The new plant is scheduled to open at the beginning of 2014.