The Sofidel Group announced a new greenfield investment for an integrated plant (tissue production and converting facilities) in Inola, Oklahoma.
“I am glad to announce this new greenfield investment – the second one, after the first made in Ohio. This new investment will support our growth in the US significantly, being the American market one of the crucial ones for our Group,” commented Luigi Lazzareschi, CEO of Sofidel Group.
The investment refers to the installation of two tissue paper machines for an overall production capacity of 120,000 tonnes per year each, with related converting lines.
One machine will be dedicated mainly to toilet tissue production, while the second one will be used mostly to produce towels. As a whole, Sofidel is committed to investing $360 million over three years (2018 -2020). The new production plant, once completed, will employ 300 full-time workers.
The facilities building is expected to start in March 2018 and will be completed by 2Q 2020, while the converting lines and the warehouse functions will be in place by the end of 2Q 2019.
The Sofidel Group is one of the leading manufacturer of paper for hygienic and domestic use worldwide.
