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MyEco Group Targets $3M Cost Cuts to Boost Sustainable Packaging Growth
8:46am on Tuesday 22nd of April, 2025 AEST
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Manufacturing
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MyEco Group Targets $3M Cost Cuts to Boost Sustainable Packaging Growth
8:46am on Tuesday 22nd of April, 2025 AEST
Key Points
Operational restructure to complete by June 2025
Fixed cost savings of $2.5m to $3.0m annually starting FY26
Consolidation of three plants into Nanjing, China facility
Expansion of outsourced manufacturing in Southeast Asia
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