# Schumacher Packaging to invest EUR 700M by 2025, creating 500 jobs

Schumacher Packaging plans its largest investment program, about EUR 700 million by 2025 with EUR 300 million in Germany, to expand corrugated board plants and paper mills and add renewable energy. The plan aims to create around 500 jobs and lift sales to EUR 1.3 billion by 2025. Reported November 25, 2021.

- Type: Investment
- Announced: 2021-11-25
- Where: Germany, Germany
- Value: $790.0M (700.0M EUR)
- Jobs: 500
- Status: announced
- Capacity: 600 million m2 per year at Greven plant
- Products: corrugated board packaging, solid board packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

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

## Sources

- [freshplaza.com](https://www.freshplaza.com/europe/article/9376881/schumacher-packaging-invests-700-million-euros-in-the-future/), 2021-11-25: "Around 700 million euros are to be invested by 2025 - 300 million euros in Germany alone."
- [pulpapernews.com](https://www.pulpapernews.com/20211129/13082/schumacher-packaging-investing-eu700-million-new-capacity), 2021-11-29: "With its investment package, the company also aims to create some 500 new jobs by 2025, with more than half being in German production facilities."
- [euwid-paper.com](https://www.euwid-paper.com/news/companies/schumacher-packaging-announces-EUR700m-capex/), 2021-12-01: "By 2025, the group will invest approximately €700m and create 500 new jobs."
- [paperfirst.info](https://www.paperfirst.info/schumacher-packaging-is-investing-e-700-million-in-the-future/), 2021-12-02: "Between now and 2025, around 700 million euros will be invested – 300 million euros of which will be invested in Germany alone."

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