06.14.23
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. The Mexican economy is estimated to grow up to 3.0% both this year and next, boosted by increased manufacturing investment, according to a recent government forecast.
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.
“Mexico is an important market for Smurfit Kappa,” said Laurent Sellier, Smurfit Kappa CEO of the Americas. “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. This important investment will lead us to increase capacity and productivity so we’re ready for the fast pace of our customers’ businesses.”
Smurfit Kappa has operated in Mexico since 1957 and has had a presence in the northern Baja California region for more than 10 years.
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.
“Mexico is an important market for Smurfit Kappa,” said Laurent Sellier, Smurfit Kappa CEO of the Americas. “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. This important investment will lead us to increase capacity and productivity so we’re ready for the fast pace of our customers’ businesses.”
Smurfit Kappa has operated in Mexico since 1957 and has had a presence in the northern Baja California region for more than 10 years.