Smurfit-MBI builds new plant.

Smurfit-MBI, Mississauga, Ontario, Canada, will build a new high performance corrugated container plant in Milton, Ontario. The 255,000 square foot greenfield facility will cost an estimated C$ 60 million (US$ 43 million) and employ 100. Construction is scheduled to begin in August 2003, and the plant should be operational by the end of the third quarter of 2004. The plant will be equipped with a new BHS corrugator. Highly automated, the facility will likely produce two billion square feet of converted boxes annually.