DS Smith has opened a Box Manufacturing Plant in Lebanon, Indiana, creating 170 jobs, to meet a growing demand for more sustainable packaging and a reduction of shipping costs across the US.
DS Smith Packaging will reap €100m of annual cost savings and €130m in cash savings expected from its integration of SCA Packaging, which it acquired last year, ahead of schedule.
Manufacturers can slash outer case packaging by as much as 25% thanks to a novel box design from DS Smith Packaging that boosts stacking strength and stability in transit.
Synergies arising from the acquisition of French rival Otor last September are paying off for DS Smith Packaging, according to its latest interim management statement.
