US-based stretch films maker Paragon Films has unveiled plans to extend its manufacturing operations into Mexico.<\/p>\n
The company will acquire a new plant in San Luis Potos\u00ed to enhance its production capabilities and bolster its presence in crucial markets throughout Mexico and the wider continent. <\/p>\n
Equipped with Windm\u00f6ller & H\u00f6lscher (W&H) machinery, the new facility will enhance Paragon Films\u2019 production efficiency.<\/p>\n
This new plant will complement Paragon Films\u2019 existing sites in Oklahoma, North Carolina, and Washington in the US.<\/p>\n
The new location will also streamline logistics and cut transportation costs within the region.<\/p>\n
The expansion is expected to have a positive economic impact by generating multiple job opportunities in San Luis Potos\u00ed.<\/p>\n
Paragon Films says it is committed to integrating environmentally friendly practices at the new plant. This supports the company\u2019s broader sustainability goals across its global operations.<\/p>\n
The new facility is expected to be fully operational by December 2025.<\/p>\n
Paragon Films CEO Darin Tang said: \u201cWe are thrilled to expand our operations into Mexico.<\/p>\n
\u201cThis new facility will not only allow us to better serve our growing customer base but also demonstrates our dedication to investing in the latest W&H technology to maintain our position as an industry leader.\u201d<\/p>\n
Headquartered in Broken Arrow, Oklahoma, Paragon Films continues to focus on developing stretch film technologies that aid customers in meeting their sustainability objectives.<\/p>\n
W&H North America president Andrew Wheeler said: \u201cW&H is excited to support Paragon Films in enhancing their position within the stretch film industry.\u201d<\/p>\n
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