Tuesday, June 13, 2023 2:15 pm
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MEXICO (News release) -- Smurfit Kappa has been increasing production capacity in Mexico by investing over $350 million in the last five years.
Mexico is the second largest economy in Latin America, after Brazil, and has an ideal location for accessing the US market. It is becoming increasingly attractive for global companies that are nearshoring by moving production away from Asia to the north part of the country, between the cities of Monterrey and Tijuana.
Smurfit Kappa's latest $12 million investment in its Tijuana plant includes new machinery and process upgrades which will significantly increase both printing quality and efficiency. Laurent Sellier, Smurfit Kappa CEO of the Americas, commented: "Mexico is an important market for Smurfit Kappa. We have invested substantial resources both in paper machines and corrugated plants while increasing our network to support the country's economy and our customers' needs.
Smurfit Kappa has operated in Mexico since 1957 and has had a presence in the northern Baja California region for over 10 years.