THE SOFIDEL GROUP CONTINUES TO GROW WITH NEW INVESTMENTS IN THE USA
The Italian tissue paper group Sofidel has strengthened its position in the US by acquiring from Green Bay Converting Inc. company a converting plant with its corresponding business in Green Bay (WI), and a new state of the art converting building in Hattiesburg (MS), launching a new greenfield investment in Ohio, and opening a new head office in Philadelphia
The Group has strengthened its position in the USA through three major initiatives.
The Italian multinational, with its subsidiary Sofidel America, has acquired a converting plant in Green Bay with its corresponding business and a new state of the art converting building in Mississippi from the Green Bay Converting Inc. company, has also launched a new greenfield investment in Ohio, and has opened a new head office in Philadelphia (PA).
As a whole Sofidel is committed to investing more than $ 300 million over three years (2015 - 2016 - 2017) in the USA.
"The US market is a key market for our Group, because it is the first in the world in terms of per capita consumption in the tissue sector", explained Luigi Lazzareschi, CEO of Sofidel Group. "Today, the Sofidel Group has operations in seven states, and with the recent investments we are creating the necessary conditions to further increase our service levels and enhance the added value that we offer our customers."
The company is therefore committed to its growth and development in the North American market. After its arrival on the continent in 2012 with the acquisition of operations in three states, today, Sofidel is active in 7 states; Nevada (Henderson), Oklahoma (Tulsa), Wisconsin (Green Bay), Mississippi (Hattiesburg), Ohio (Circleville), Florida (Haines City), and Pennsylvania (Philadelphia). This geographical expansion in capacity is in line with the Sofidel strategy focused on providing highest quality products and services while being close to the markets in which it operates, and represents the second step in the development plans of Sofidel America.
