The packaging giant, Saica Group, has taken a firm step in its expansion strategy in United States announcing the construction of a new plant Saica Pack in the city of Anderson, IndianaThis initiative, which represents an investment of more than 110 million dollars (more than 100 million euros), marks an important milestone in the company's growth in the U.S. market.
The decision, which was recently approved by the Saica Board of Directors, plans to begin construction in May 2025 and commission the plant in the fourth quarter of 2026. The new facility, with a surface area of almost 32.500 square meters, is expected to have a production capacity of more than 110 million square meters of corrugated cardboard packaging per year.
Economic Impact and Job Creation:
One of the highlights of this investment is its impact on job creation. Saica expects to create more than 50 full-time jobs during the first two years of operation, and more than 100 jobs once the plant reaches full capacity.
“We are delighted that Saica has chosen Anderson for this new facility. This investment in our community will help us in our ongoing efforts to bring diversified advanced manufacturing opportunities to Anderson,” stated the mayor of Anderson, Thomas Broderick Jr.
In addition to job creation, Saica's investment will have a multiplier effect on the local economy, boosting the development of suppliers and related services.
With a history of more than 80 years in the industry, Saica Group has established itself as a benchmark in the production of sustainable packaging solutions.
Government Support and Commitment to Local Development:
The Indiana Economic Development Corporation (IEDC) has shown its support for the project, pledging up to $2 million in incentive-based tax credits and up to $150.000 in training grants. The IEDC has also offered up to $300.000 in incentives. Industrial Development Subsidy Fund for improvements to the infrastructure surrounding the new plant.
"Saica's investment in Indiana is a testament to our state's growth-friendly business climate and strong network of skilled manufacturing talent," he said. Ann Lathrop, Director of Strategy at IEDC.
Statements from the Protagonists:
Susana AlejandroThe President and CEO of the Saica Group highlighted the company's commitment to the US market: "Saica is committed to stability and long-term growth in United StatesThis investment is proof that we are moving forward with our plans in the Americas, as we are convinced that we can offer products that will differentiate us in an increasingly competitive market.
"This reflects our deep commitment to the customer and excellence in service, as we believe that our knowledge and experience in the production of lightweight papers for corrugated board will bring high-performance packaging to the US market, while also being more efficient in the use of materials," added Alejandro.
Strengthening Presence in the U.S.:
This investment adds to the Saica Group's growth plans in the United States, where the company plans to invest around $800 million in the coming years. The new plant in Anderson will complement the company's operations. Saica Pack in Hamilton, serving as a reinforcement plant for existing customers.
Saica's Trajectory and Commitment:
With over 80 years of experience in the industry, the Saica Group has established itself as a leader in the production of sustainable packaging solutions. The company, which employs 12.000 people worldwide, had revenues of $3.963 billion in 2024.
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