Saica Group plans to invest over $110 million (€100,826,317.46) into a new corrugated manufacturing facility in the United States and produce over 1,200,000 MSF of corrugated packaging from 2026.
As the company’s second plant in the United States, the state-of-the-art factory will be located in Anderson, Indiana. It is set to be almost 350,000 square feet in size and encompass the manufacturing, converting, and production areas, as well as warehouse and office space.
Paper rolls are set to be delivered via a connected railroad in a move anticipated to lower shipping costs. The plant will also serve as a backup for clients of Saica’s first corrugated packaging plant in Hamilton, Ohio.
Construction is scheduled to begin in May 2025, with the factory expected to open in Q4 2026. The facility is expected to pay over 50 full-time jobs within its first two years of operation and over 100 once the ramp-up phase is complete.
Saica’s Board of Directors has now given its final approval for the $110 million investment. The Indiana Economic Development Corporation (IEDC) will also invest up to $2 million in incentive- and performance-based tax credits, up to $150,000 in training grants, and up to $300,000 in Industrial Development Grant Fund incentives – intended to support new jobs and infrastructure improvements around the site, respectively.
“Saica is committed to stability and long-term growth in the U.S.,” says president and CEO Susana Alejandro. “This investment is the proof that we are moving forward with our plans in the U.S. as we are convinced that we can provide products that will differentiate us in a crowded market.
“It reflects our deep commitment to delivering exceptional service, as we believe our knowledge and experience in the production of recycled lightweight papers and corrugated packaging will bring high performance packaging to the US market while becoming more efficient in the use of materials.”
“We are excited that Saica has chosen Anderson for this new facility,” says Thomas Broderick, Jr., Mayor of Anderson City. “This investment into our community will assist us in our continued efforts of bringing into Anderson diversified advanced manufacturing opportunities.
“I want to thank our economic development team that has worked hard, along with Saica, in making this a reality.”
Ann Lathrop, chief strategy officer of the IEDC, added: “Saica’s investment in Indiana is a testament to our state’s pro-growth business climate and robust network of skilled manufacturing talent. The company’s new Hoosier operations will have a significant impact on the local economy and for the community of Anderson, Madison County and the surrounding central Indiana region for years to come.”
Back in December, Saica announced that it would invest over €100 million into a new corrugated board plant in Barcelona; the facility is hoped to boost the combined production of the company’s factories by up to 45%. Operations are scheduled to begin this spring.
DS Smith made its own €34.4 million investment into its Hungarian operations late last year. This involved updating a corrugator, installing new converting equipment, and introducing three ‘eco-classrooms’ to educate children; these developments are expected to increase DS Smith’s manufacturing capacities by 40%.
Soon after, Mondi announced that its fine paper mills in Neusiedler have been upgraded in a €20 million investment. From Q1 2025, the facility anticipates a 10% reduction in nitrogen oxide emissions, a 20% drop in greenhouse gas emissions, and 25% less gas consumption.
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