Smurfit Kappa to invest up to US$200 million in Mexico over the next 3 years
Smurfit Kappa, the Ireland-based global packaging supplier, plans to invest up to US$200 million in Mexico over the next three years.
As part of the plan, the company allocated US$15 million to add production capacity at its fourth plants in Nuevo Leon. The figure is additional to last year’s US$5 million the company invested at these four facilities.
Interviewed by El Financiero, Smurfit Kappa México president Jorge Alberto Ángel said over the last three years the company invested US$177 million in the 25 plants it operates in the country.
As part of these previous investments, a new US$14.5 million facility officially opened earlier this year in Tijuana to supply cardboard packaging to the whole Northeast region.
In Nuevo Leon Smurfit Kappa operates four production sites. In Monterrey a facility supplier paper and cardboard to the other three plants that manufacture packaging solutions for the appliances industry, among others. Two facilities are located in Apodaca, one in Guadalupe.
The company employs around 7,000 workers in the country, of which 700 work at Nuevo Leon plants.