Graphic Packaging to Shut Two Folding Carton Plants
Nov. 4, 2009 - Graphic Packaging International yesterday said that it plans to close two manufacturing facilities and transition business to other U.S. operating locations.
Graphic Packaging's folding carton facilities in Fort Wayne, Indiana, and Santa Clara, California, are expected to discontinue production by mid-year 2010. The company's Santa Clara recycled paperboard mill and Orchard Park, California, facility will not be affected by the closures.
According to Graphic Packaging, the closures are part of the company's plan to achieve synergies related to the March 2008 combination with Altivity Packaging.
"As one of the world's largest packaging companies, we continue to push aggressively in 2009 to integrate assets from the 2008 combination between Altivity Packaging and Graphic Packaging and streamline operations," said David W. Scheible, president and chief executive officer of Graphic Packaging International, Inc.
"These key closures will complete the plant rationalization element of our integration efforts," Scheible added.
SOURCE: Graphic Packaging International, Inc.