# Progroup tops out €90M corrugated sheetfeeder plant in Petersberg

Progroup held the topping out ceremony for its new corrugated sheetfeeder plant at Petersberg/Höheischweiler, Germany, with production scheduled to start in the first half of 2024. The company is investing more than EUR 90 million, and the plant will supply board sheets directly to neighbour G&G Preißer.

- Type: New facility
- Announced: 2023-04-28
- Where: Petersberg/Höheischweiler, Germany
- Value: $99.0M (90.0M EUR)
- Status: under construction
- Products: corrugated board sheets, corrugated board
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Progroup](https://endata.com/companies/1305.md)
- [G&G Preißer](https://endata.com/companies/8326.md) (partner)

## Sources

- [progroup.ag](https://www.progroup.ag/en/newsroom/topping-out-ceremony-for-progroup-plant-by-petersberg), 2023-04-28: "Progroup is investing more than 90 million euros in the new building."

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