On 15 April 2021, SIG announced that it would construct a new plant in Queretaro, Mexico, to serve North American markets. The plant will further expand SIG’s global production network and enable the company to build on its strong track record of growth in North America.
Through its existing sales and service presence, SIG has been able to forge strong relationships with significant dairies in Mexico, a large and growing milk market. SIG has a well-established co-manufacturing customer base in the USA and is ideally placed to serve innovative and expanding new categories.
SIG will invest around EUR 40 million in the new plant over the period 2021-2023. The investment will cover state-of-the-art production capacity for the printing, cutting, and finishing of carton packs. The plant is expected to open in the first quarter of 2023 and will create around 200 jobs. It will have a highly flexible layout with a focus on ergonomics and the environment. Land and buildings will be financed through a long-term lease with an NPV of approximately EUR 20 million.
Ricardo Rodriguez, president and general manager Americas said, “We are very excited to announce this project which will enable us to serve our North American customers faster and more efficiently. Delivery lead times will be reduced, and we will respond rapidly to changes in demand. Our new plant will further drive growth in the region while demonstrating our commitment to the highest environmental standards.”
SIG is a leading systems and solutions provider for aseptic carton packaging. The company collaborates with its customers to bring food and beverage products to consumers worldwide in a safe, sustainable, and affordable way. Its unique technology and outstanding innovation capacity enable it to provide our customers with end-to-end solutions for differentiated products, smarter factories, and connected packs, all to address the ever-changing needs of consumers. Sustainability is integral to its business, and the company is going Way Beyond Good to create a net positive food packaging system.
Founded in 1853, SIG is headquartered in Neuhausen, Switzerland. The skills and experience of its approximately 5,500 employees worldwide enable it to respond quickly and effectively to the needs of its customers in over 60 countries. In 2020, SIG produced 38 billion carton packs and generated EUR1.8 billion in revenue.