Elopak will invest around $50m in the plant, which is expected to commence production in the fourth quarter of 2024 and will create more than 100 new jobs.
Elopak says the new plant will allow it to build on an ‘already strong track record of organic and profitable growth driven by high customer demand in the region’.
Lionel Ettedgui, EVP North America says: “Over the last few years, Elopak has delivered very strong profitable growth in Americas. The time has now come to increase capacity to further strengthen our organization and enable us to provide quality service to our customers in Americas faster and more efficiently.”
Norway-headquartered Elopak sells in excess of 14 billion cartons a year in 70 countries. It already has four sites in North America. Three production plants are dedicated to printing and converting cartons: the first plant is based in Canada near Montreal; the second is located in Mexico, and the third one in the Dominican Republic. All technical support is provided through the Wixom site in the US.
Elopak is not disclosing the location or capacity of the plant at this time, a spokesperson told this publication.
Thomas Körmendi, CEO said: “This investment is a response to the strong demand that we are seeing for our innovative and sustainable solutions. It is a landmark investment for our company as Americas is one of the key building blocks of our strategy.”