Zaragoza, Spain based Saica Group recently held a groundbreaking event at the site of its first corrugated manufactruing plant in the United States, in Hamilton, Ohio. The project marks Saica’s expansion into the U.S. market and represents a $72-million investment. Because of COVID-19 concerns, in-person attendance at the event was limited, but several regional government officials were on hand to welcome Saica to the region, while others joined via video messages.
“This event marks the start of ambitious expansion plans for the US market,” said Ramón Alejandro, Saica Group President. “We’re excited that this day is here, and truly appreciate the support we’ve received from our partners here in the U.S.”
State and local incentives are supporting Saica’s investment in Hamilton. In June, the Ohio Tax Credit Authority approved an eight-year job creation tax credit to build the new facility in Hamilton, while JobsOhio is supporting the project through an economic development grant. The project also will receive a job creation tax credit and property tax abatement by the city of Hamilton.
The company expects to create 64 new jobs in the region, including 27 skilled operators, 15 manufacturing, engineering and supply chain professionals, 13 sales staff and nine office and management jobs.
Saica was founded in 1943 with six employees at its paper production plant in Zaragoza, Spain. Today the company maintains facilities in nine countries and employs over 10,000.