# Schumacher Packaging plans €700M investment program through 2025 with 500 new jobs

Schumacher Packaging plans to invest about €700 million by 2025, including €300 million in Germany, to expand corrugated board plants and paper mills. The program is expected to create around 500 new jobs.

- Type: Investment
- Announced: 2021-11-23
- Where: Germany
- Value: $791.0M (700.0M EUR)
- Jobs: 500
- Status: announced
- Products: corrugated board packaging, paper
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Schumacher Packaging](https://endata.com/companies/627.md) (investor)

## Sources

- [presseportal.de](https://www.presseportal.de/pm/160182/5080318), 2021-11-23: "Bis 2025 sollen rund 700 Millionen Euro investiert werden - allein 300 Millionen Euro davon in Deutschland."
- [np-coburg.de](https://www.np-coburg.de/inhalt.multi-mega-werk-schumacher-investiert-wie-nie-zuvor.52ea6f07-0c7d-442e-98c6-59d5d0c9edb6.html), 2021-11-23: "Das teilte Schumacher am Dienstag mit."

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