Dennise Williams, Staff Reporter
Touring the box factory at Hand Arnold in Kingston are (from left) Winston Chi-Shen, Charles Lym, Colin Lym and Lennon Crooks. - PHOTOS BY JUNIOR DOWIE/STAFF PHOTOGRAPHER
CHARLES LYM, director of box manufacturer CorrPack says his company is poised to fill the bulk of the demand in Jamaica.
Speaking yesterday Mr. Lym said, "The size of the box market in Jamaica is about $3 billion. Our production facility, when opened, is expected to service 60 per cent of this market.?
The $300 million plant is set to open on May 19. The box factory will be housed in the old Hand Arnold building and boast brand new machines and technical support from Taiwan.
In a Financial Gleaner interview on April 13, Mr. Lym explained why he expects his factory to be successful.
After doing our market studies we found there was support for a paper board factory in Jamaica.
He said, "Both manufacturers and distributors find it difficult to get boxes because the suppliers of boxes, Jamaica Packaging Industries and West Indies Pulp and Paper had operating difficulties. This has created a shortage of boxes in the country."
SUPPORT
There is so much support that Mr. Lym expects his 40,0000 square feet factory, once up and running, to produce 16 hours per day to meet demand.
And, Mr. Lym states, "We can match the imported prices. We have put in a new efficient plant that can compete with anything they have in the world." This efficiency is helped by the Bunker Sea Oil system that will cut the electricity bill of the factory by over 10 per cent.
In addition to supplying local demand, Corrpak will create new jobs. "Once the machines are up and running, we expect to employ 40 persons."
Jamaican/Canadian multi-millionaire Ray Chang is a major investor in the project.
