Smurfit Kappa has invested $23.5 million to upgrade its Nuevo Laredo sheet plant in Mexico to become a fully integrated corrugated plant
The investment includes a state-of-the-art corrugator and extension of the building. The new machine will have the two-pronged benefits of reducing CO2 emissions by up to 40 percent and doubling production capacity.
The Nuevo Laredo plant is located in the Tamaulipas region in Northeastern Mexico where Smurfit Kappa has strong partnerships in the industrial, electrical appliances and electronics sectors. The region represents 3.3 percent of the country’s GDP and is home to over 200 companies which manufacture products for the US. This latest investment follows on from Smurfit Kappa’s $22 million expansion of its Culiacan corrugated plant in Northwest Mexico last year.