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Sofidel Group to spend $200 Million to expand into new space in Duluth Minnesota.

Sofidel Group to spend $200 Million to expand into new space in Duluth Minnesota.

November 22, 2024 Craig Etkin

Duluth, Minnesota — According to state and local development sources, Sofidel Group plans to invest $200,000,000.00 to build out new space in Duluth. The company plans to occupy the new space at 100 N Central Ave in Duluth, on or about October 1, 2026. According to the company website The Sofidel Group is one of the leading manufacturers of paper for hygienic and domestic use worldwide. Established in 1966, the Group has subsidiaries in 13 countries Italy, Spain, the UK, Ireland, France, Belgium, Germany, Sweden, Poland, Hungary, Greece, Romania and the USA with more than 6,000 employees, net sales of 2,095 million (2021) and a production capacity of over one million tonnes per year (1,440,000 tonnes in 2021). Regina, its most well-known brand, is present on almost all the reference markets. Other brands include: Softis, Le Trfle, Sopalin, KittenSoft, Nalys, Cosynel, Lycke, Nicky, Papernet. A member of the UN Global Compact and the international WWF Climate Savers programme, the Sofidel Group considers sustainability a strategic factor with regards to growth and is committed to reducing its impact on natural capital and maximising social benefits, setting as objective the creation of shared added value for all stakeholders. Sofidels greenhouse gas (GHG) emissions reduction targets to 2030 have been approved by the Science Based Targets initiative (SBTi) as consistent with reductions required to keep warming to well-below 2C, in line with the goals of the Paris Agreement.

To learn more about Sofidel Group, visit http://www.sofidel.com/

Company Contact:
Luigi Lazzareschi, Chief Executive Officer
https://www.linkedin.com/in/luigi-lazzareschi-57a46643/
215-283-3890

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


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2240, Commercial Relocation, Duluth, Duluth-Superior, intelligence360, Minnesota, Sofidel Group

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