# Grupo Gondi invests $300M in containerboard mill in Nuevo Leon

Grupo Gondi is investing US$300 million to build a containerboard mill in Nuevo Leon, Mexico, where the new PM 7 paper machine from Voith will be installed. The mill is expected to start operations in early 2020.

- Type: Investment
- Announced: 2018-04-30
- Where: Nuevo Leon, Mexico
- Value: $300.0M
- Starts operating: Jan 2020
- Status: announced
- Products: containerboard
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Grupo Gondi](https://endata.com/companies/2212.md)

## Sources

- [mexico-now.com](https://mexico-now.com/grupo-gondi-taps-german-group-voith-to-install-state-of-the-art-paper-machine-in-nuevo-leon/), 2018-04-30: "Grupo Gondi is investing US$ 300 million to build the containerboard mill where the PM 7 machine will be installed."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.