Pulp and paper manufacturer Stora Enso is investing €6.6m in the corrugated packaging business in Sweden in a bid to increase competitiveness.
The investment is also part of the company’s efforts to improve printing quality and service to customers.
Stora Enso Division Packaging Solutions Corrugated Nordics head Peter Torstensson said: "Market demand for efficiently produced packaging with high-quality printing is constantly growing. This investment ensures that we also in the future can be in the forefront when it comes our customer offering.”
The firm is investing in a new corrugated cutting machine with high-quality printing in the Jönköping factory as well as a smaller upgrade of the cutting system in the Skene factory.
Stora said that implementation will commence in the first quarter of 2017 in both Jönköping and Skene. The new equipment is scheduled to be commissioned in May 2017.
The investment, which is also expected to increase production efficiency, would result in staff redundancies.
In Sweden, Stora Enso employs about 400 people at its three corrugated packaging production facilities located in Jönköping, Skene and Vikingstad.
The three facilities have combined production capacity of approximately one million corrugated boxes per day.
Stora Enso is a provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets.
