Lollicup USA CEO Alan Yu has signed the land development deal to begin construction of the company's new, 700,000 square-foot manufacturing facility in Rockwall, Texas.
The manufacturing plant, located not far from Dallas, will open with new machines for manufacturing paper and plastic cups and food containers. Approximately 200 new employees will work at the facility once it opens.
Lollicup USA will break ground for construction within 120 days, said Yu. The company will invest an estimated $50 million for the new plant, which is scheduled for completion in October 2018.
The plant will allow the company to better service the region, while also making it possible for Lollicup to surpass its annual sales goals and production capacity.
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