Grupo Gondi to Build New Containerboard Mill in Mexico
(Mexico, June 1, 2017) Grupo Gondi announced that it will build a new paper mill in Mexico that will have the capacity to produce over 350,000 metric tons per year of containerboard and will provide reliable, high-quality medium and linerboard for Gondi’s converting operations and third parties.
“We are pleased to invest in this new manufacturing facility, which will help us enhance our service and position in the growing packaging market in Mexico,” said Eduardo Posada, CEO of Grupo Gondi. “After completion, Grupo Gondi will produce over one million metric tons of paperboard per year.”
Grupo Gondi will invest about $300 million in this project, which is estimated to be completed by the end of 2019.
Grupo Gondi is a leading paper packaging company in Mexico. (Source: Grupo Gondi)