Saica Group Announces Second Plant Investment in the U.S.

Saica Group, a leading European producer of recycled paper for corrugated packaging, has revealed its second major investment in the U.S. with plans to build a state-of-the-art corrugated manufacturing plant in Anderson, Indiana. It is reported that the investment, totaling more than $110 million, is set to significantly enhance the company’s footprint in North America and contribute to job creation and economic development in the region.

According to Saica, construction of the new facility is slated to begin in May 2025, with operations expected to commence by the fourth quarter of 2026. It aims to generate over 50 well-compensated full-time positions during the initial two years of operation, with more than 100 jobs expected to be created once the plant reaches full capacity in the years following its launch. 

The new plant will be designed with future growth in mind, covering an area of nearly 350,000-square-foot (32,500 square meters) and capable of producing over 1,200,000 MSF (110 million square meters) of corrugated packaging annually, Saica noted. The facility will house “manufacturing, converting, and production areas, along with a warehouse and office space.” It will also be connected to a railroad line, which will enable efficient transportation of raw materials and help lower operational costs.

This new project aligns with Saica Group’s ongoing commitment to long-term stability and growth in the U.S. market. Saica’s President and CEO, Susana Alejandro, expressed enthusiasm for the project, stating, “Saica is committed to stability and long-term growth in the US. This investment is the proof that we are moving forward with our plans in the American continent as we are convinced that we can provide products that will differentiate us in a crowded market.”

Indiana’s local government also welcomed the investment. Anderson City Mayor, Thomas Broderick, Jr., emphasized the importance of the project for the community, “We are excited that Saica has chosen Anderson for this new facility. This investment into our community will assist us in our continued efforts of bringing into Anderson diversified advanced manufacturing opportunities. I want to thank our economic development team that has worked hard, along with Saica, in making this a reality.”

Based on Saica’s plans to create more than 100 new jobs in Anderson by 2030, the Indiana Economic Development Corporation (IEDC) has committed to offering up to $2 million in tax credits and additional incentives, including training grants and industrial development grants, to support the new plant. The incentives will help improve infrastructure around the site and enhance the region’s manufacturing capabilities. Ann Lathrop, Chief Strategy Officer of IEDC, commented, “Saica’s investment in Indiana is a testament to our state’s pro-growth business climate and robust network of skilled manufacturing talent.”

Saica’s announcement of the Anderson plant investment follows a statement on the company’s growth plans, detailing that it plans to invest around US$800 million in the US market over the next few years. The company’s ongoing investment will not only benefit the local economy but also contribute to its global operations, reinforcing its position as a leader in sustainable packaging.