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Flex Américas CEO Om Prakash Mishra announced a second stage of expansion in Altamira, with a planned $300 million complex to be built in 2024-2025 on a site still being sought. The total investment through 2025 is above $500 million.
Flex Américas laid the first stone of a new BoPET film plant in Altamira, Tamaulipas, as the first stage of a $200 million expansion for construction in 2022-2023. The company says the expansion will create about 1,000 jobs.
Flex Américas opened a BoPET film recycling plant at its Altamira industrial complex in Tamaulipas, Mexico, with state government officials present. The project was completed a few weeks before the November 3, 2022 ceremony.