Sofidel invests in US plant

The tissue production group is expanding its US presence through an integrated plant (paper mill and converting) in Inola with an output of 120,000 metric tons a year, a total investment of 360 million dollars within 2020.

Sofidel’s first greenfield investment in the US, in Circleville, Ohio, will instead be completed by the end of 2018.

This is the Group’s second greenfield investment in the United States, with the construction of a brand new plant, starting from the laying of the foundation stone.

Two tissue technology machines, for a total output of 120,000 metric tons a year, will be installed in Inola together with the corresponding converting lines to make the finished product (toilet tissue and towels).

The overall investment will amount to 360 million dollars over three years (2018-2019-2020), resulting in a plant that will combine sustainability and technological innovation.

Pic: Luigi Lazzareschi, CEO of Sofidel Group (PRNewsfoto/Sofidel)

Full Release: https://www.adminwire.com/news-releases/sofidel-continues-to-grow-in-the-usa-with-a-new-greenfield-investment-in-oklahoma-677118293.html

More Information: https://www.opi.net/news/sofidel-invests-in-us-plant-office-depot-appoints-accounting-head-hp-unveils-mini-printers/