$65.3m investment in new plant and equipment
Mexican converting group Cartograf has reported that it plans to invest $65.3m, opening a folding carton and microflute corrugated printing facility in Virginia, USA. To be located on a 100-acre site in the Meadowville Technology Park in Chesterfield County, the project will create 63 new jobs, the company has confirmed.
Juan Jose Páramo Riestra, President of Cartograf said, “For the past 30 years, Cartograf has partnered with global brands across a diverse group of industries and our products are part of people’s everyday lives through a large array of packaging solutions. Our main facilities are located in Aguascalientes, Mexico and as a result of organic growth and a market share increase, we are proud to confirm our first overseas expansion."