North American manufacturer of molded foam components and packaging solutions Sonoco Protective Solutions has announced plans to invest up to $10.5m to open a new manufacturing facility in Celaya, Guanajuato Mexico.
The investment will enable the company to address growing demand for its products and will create more than 200 new manufacturing jobs once the plant is in full operation.
Sonoco's facility in Celaya, which is under construction at present, is scheduled to commence by late 2013.
Sonoco Global Protective Solutions vice president Vicki Arthur said the company plans to increase its manufacturing capacity and flexibility, owing to the increasing demand for its products in the US and Mexico.
"This new state-of-the-art plant in Celaya will allow us to better serve our customers in Central Mexico and better position us to capitalize on the tremendous growth that is occurring in the region," Arthur said.
The facility will produce molded foam products for medical, automotive, appliance, aerospace and industrial markets.
