Saica Group is announcing the construction of its second corrugated plant in the US. The company will build a new corrugated manufacturing facility in the City of Anderson, Indiana. The announcement has been made after the final approval from the Board of Directors a few days ago.
The new state-of-the-art factory will require a total investment of more than $110 million (more than Euro 100 million). The construction is expected to start in May 2025 and expects to start operations during Q4 2026. After construction is complete, Saica plans to create more than 50 well-paid full-time jobs during the first two years of operation and more than 100 after the plant has completed its ramp-up phase some years after the startup.
Designed with future growth in mind, the new facility will have almost 350,000-square-foot (32,500 square meters) and is designed for production of more than 1,200,000 MSF (110 million square meters) of corrugated packaging. The site will include manufacturing, converting and production areas, along with a warehouse and office space. The plant is also connected to a railroad line which allows to unload paper rolls while reducing transport costs. This site will also serve as a backup plant for clients already being served from Saica Pack Hamilton.
This investment follows a previous announcement on Saica's growth plans, where the company is planning to invest around $800 million in the U.S. market over the next several years.
Saica Group is one of the largest and most advanced European players in the development and production of recycled paper for corrugated packaging.
