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McKinley Packaging, a subsidiary of Bio Pappel, has opened a 500,000 sq ft corrugated box manufacturing plant in Lancaster, Texas, its seventh US packaging plant, expected to employ about 125 people at full capacity.
McKinley Paper Company, a subsidiary of Bio PAPPEL, is acquiring 100% of Midwest Paper Group, a Wisconsin containerboard producer with 500 thousand tons annual capacity, from investment fund IOP.
U.S. Corrugated Inc and McKinley Paper Co, a subsidiary of Bio PAPPEL, have been amalgamated to form a vertically integrated paper and packaging company with mills and box plants in the US and Mexico.
Bio Pappel, Mexico's largest paper manufacturer, is putting into operation a packaging plant in Lebanon, Indiana, with operations expected to begin in July 2020.
Box manufacturer U.S. Corrugated, owned by McKinley Paper Co., selected Lebanon, Indiana for a new state-of-the-art corrugated packaging plant scheduled to start up by the end of 2019. No capacity figure was announced.
Mexican paper maker Biopappel, through its US subsidiary McKinley Paper Company, acquired 55 percent of US Corrugated Inc and subsidiaries. The amount was not disclosed, and the deal doubles Biopappel's US operations.
C&P and parent U.S. Corrugated Holdings entered a strategic alliance with Bio Pappel, giving C&P operational control of Bio Pappel's Mexicali super plant, effective April 5, 2019. Investments continue with a new Latitude Jumbo folder-gluer and a Barberan digital press.
