Looking to increase its packaging production, the Memphis, Tennessee-based International Paper Group will invest 23 million euros in two of its five French plants. The group, which employs 38,000 people worldwide, hopes to meet the growing demand for corrugated boxes and packaging for the e-commerce sector.
The two plants, Société Normande de Carton Ondulé (SNCO), located in Saint-Langis-leeuross-Mortagne in Orne, and Emballages Laurent in Chalon-sur-Saône in Saône-et-Loire, are going to be equipped with new facilities, including new converting lines.
The production capacity will be increased by 60% for SNCO and 50% for Emballages Laurent. 50 jobs should be created.
This work, which began in late 2021, will continue until the second half of 2023.
"It is essential for our group to position itself sustainably in a sector as dynamic as e-commerce, but also to continue to serve our existing customers effectively said Hakim Serhir, France director at International Paper.
35 million investment plan in France and Spain to increase International Paper's production capacity in the Europe, Middle East and Africa (EMEA) region by 10 percent.
