Saica Group Plans Anderson, Indiana, Corrugated Packaging Operations
03/24/2025
The investment will include the construction of an approximately 350,000-square-foot facility which will feature manufacturing, converting and production areas, along with a warehouse and office space. Operations are scheduled to begin in the fourth quarter of 2026.
“Saica is committed to stability and long-term growth in the U.S.,” said Susana Alejandro, President and CEO of Saica Group. “This investment is proof that we are moving forward with our plans in the U.S. as we are convinced that we can provide products that will differentiate us in a crowded market. It reflects our deep commitment to delivering exceptional service, as we believe our knowledge and experience in the production of recycled lightweight papers and corrugated packaging will bring high performance packaging to the US market while becoming more efficient in the use of materials”.
To support the project the Indiana Economic Development Corporation (IEDC) is committing $2 million in incentive-based tax credits and up to $150,000 in training grants. The IEDC also offered up to $300,000 in Industrial Development Grant Fund incentives to support infrastructure improvements surrounding the site.
“Saica’s investment in Indiana is a testament to our state’s pro-growth business climate and robust network of skilled manufacturing talent,” noted Ann Lathrop, chief strategy officer of the IEDC. “The company’s new Hoosier operations will have a significant impact on the local economy and for the community of Anderson, Madison County and the surrounding central Indiana region for years to come.”
Saica develops and produces recycled paper for corrugated cardboard. The company has four business areas: production of recycled paper for corrugated board (Saica Paper), waste management and environmental services (Saica Natur), production of corrugated board packaging (Saica Pack) and flexible packaging (Saica Flex).
Project Announcements
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Point Blank Enterprises Plans Wakulla County, Florida, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024