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Stock impact report

Buckeye Corrugated, Specialty Packaging Group open new facilities [Yahoo! Finance]

Minerals Technologies Inc. (MTX) 
Last minerals technologies inc. earnings: 4/30 05:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Packaging manufacturers are heading west — at least the few that have announced North American expansions in the last month. These announcements are for new facility openings rather than adding on to existing locations. Buckeye Corrugated opened a 100,000-square-foot manufacturing and distribution facility in Reno, Nevada, according to Northern Nevada Business Weekly . This is the first entirely new corrugated production facility the company has built out — as opposed to upgrading acquired assets. It reportedly chose this location for growth because there weren't other corrugated packaging manufacturers in the area. The Ohio-based company said on LinkedIn that this facility expands its West Coast reach and improves supply chain efficiency. Once the plant fully ramps up, it is expected to employ 20 to 25 production workers. Specialty Packaging Group opened a new 50,000-square-foot facility in Guadalajara, Mexico. The expansion is in response to increased customer demand for crate Show less Read more
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