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Big paper and packaging manufacturer expands in U.S.

Gran fabricante de papel y empaques se expande en Estados Unidos

Mexican company Bio Pappel, the main producer of paper and packaging products in Mexico, announced as part of the entry into force Treaty between Mexico, the United States and Canada (T-MEC), that its packaging plant in Indiana began operations this month.

In addition, he reported in a statement that the opening of a sustainable paper factory in Washington state is also scheduled to open in September, and construction of a new paper packaging plant in Dallas, Texas will begin in November.

Together these new facilities will complement the company’s operations in California, New Mexico and Georgia, which are part of the strategy for Bio Pappel to generate 50% of its sales in Mexico, 40% in the United States and 10% in Canada.

After participating in the meeting of the presidents of the United States and Mexico, Miguel Rincón, CEO of Bio Pappel, assured that the North American regional block is the place of the greatest opportunities to invest and grow from greater integration that will reduce Asia’s strategic dependence.

In his view, this could double the value of T-MEC trade in a few years, as it represents the world’s largest market and generates 32% of world GDP.

Just last May, the company announced that it will also build two modern industrial plants in Mexico over the next three years, one in Tizayuca, Hidalgo, and one in Monterrey, Nuevo León.

Currently, Bio Pappel has 34 plants in Mexico, the United States and South America, generating more than 20,000 jobs, including 12,839 direct and about 8,000 indirect.

Posted in B2B Marketing

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