Graphic Packaging International, an Atlanta-based company that manufactures fiber-based consumer packaging solutions, has announced the construction of a new facility in Waco, Texas. The new plant will house a state-of-the-art coated recycled paperboard (CRB) machine and will be located in Texas Central Park, Waco’s largest industrial park. The 119-acre campus will include 640,000 square feet of production and warehousing facilities valued at $1 billion. The company is expected to create around 230 local jobs.
Graphic Packaging’s decision to locate the new facility in Waco was the result of a regional economic development collaboration between the City of Waco, McLennan County, the Waco Industrial Foundation, and the Greater Waco Chamber. The company cited the area’s strong talent base and support as reasons for the selection.
The investment in Waco is part of Graphic Packaging’s strategy to upgrade its overall CRB capacity and take advantage of the rapidly growing recycled fiber-based packaging market. With this move, the company hopes to further expand its presence in the packaging industry and offer sustainable solutions to consumer product and foodservice companies.