The state-of-the-art coated recycled paperboard mill in Waco will create approximately 230 new jobs and is the community’s largest economic development project to date.
Graphic Packaging International, an Atlanta-based company that specializes in fiber-based consumer packaging solutions, has chosen Waco, Texas as the location for its newest state-of-the-art coated recycled paperboard (CRB) machine facility. The 119-acre campus, located in Waco's Texas Central Park, will feature 640,000 square feet of production and warehousing space and is expected to generate around 230 jobs.
“We are looking forward to joining the Waco community and working with the great talent base in the area. We appreciate the strong support and engagement we received from the City of Waco and McLennan County as we conducted our site selection process,” said Michael Doss, president and CEO of Graphic Packaging. “Building a new recycled paperboard mill in Waco will enhance our ability to meet growing global demand for packaging made with recycled materials.”
The Waco investment will allow Graphic Packaging to modernize and grow its CRB platform to meet increasing consumer demand for recycled materials in packaging. The capital investment is expected to upgrade the company's overall CRB capacity and capitalize on the growing market for recycled fiber-based packaging.
The City of Waco, McLennan County, the Waco Industrial Foundation, and the Greater Waco Chamber all collaborated to provide support for the project, which represents a significant regional economic development opportunity.
McLennan County Judge Scott Felton expressed his excitement about Graphic Packaging joining the Waco community, saying that the company is committed to health and safety and values community partnerships. Waco Mayor Dillon Meek also welcomed the company and celebrated the city's first billion-dollar investment.
Graphic Packaging Holding Company (NYSE: GPK), headquartered in Atlanta, Georgia, is a leading provider of sustainable fiber-based packaging solutions to the world's most widely-recognized food, beverage, foodservice and other consumer products companies and brands. The Company operates on a global basis, is one of the largest producers of folding cartons and fiber-based foodservice products in the United States and Europe, and holds leading market positions in coated recycled paperboard, coated unbleached kraft paperboard and solid bleached sulfate paperboard. Additional information about Graphic Packaging, its business and its products is available at www.graphicpkg.com.
