Schumacher Packaging is investing € 700 million in the future

The Schumacher Packaging Group, one of Europe’s leading manufacturers of corrugated and solid board packaging solutions, is planning the biggest ever investment campaign in the company’s history, which stretches back to 1948. Between now and 2025, around 700 million euros will be invested – 300 million euros of which will be invested in Germany alone. While investment in the packaging industry, and in medium-sized companies in general, is currently very low, the company is taking an unusual direction: Despite the challenging economic conditions on the global markets, the packaging specialist is investing in the creation and expansion of corrugated board plants and paper factories, as well as in sustainable future technologies, laying the foundations for the future. With its investment package, the company also aims to create some 500 new jobs by 2025, with more than half being in German production facilities.

The goal of the ambitious investment offensive is to be able to meet the growing demand for made-to-measure packaging solutions, spurred by the e-commerce boom, both in the long and short term and to further increase the company’s competitive edge. For 2021, Schumacher Packaging Group is forecasting sales of around 800 million euros – by 2025, a significant growth to 1.3 billion euros is anticipated.

“Owing to the difficult market conditions, the industry is on the whole shying away from investment. Moreover, the industry is facing the challenge of not being able to supply their customers with enough packaging. We want to offer our customers short-term supply reliability and to be well-positioned in the coming years. That’s why, despite the current economic challenges, we are making more investments than ever before,” says Björn Schumacher, CEO of the Schumacher Packaging Group, in explanation of the company’s strategic decision.