Newark Recycled Paperboard to Expand Certain Operations, Close Others
July 11, 2013 - Newark Recycled Paperboard Solutions today announced a plan to strengthen the company’s capabilities in Franklin, Ohio and Milwaukee, Wisconsin and consolidate its Northeast facilities..
"On the heels of a strong performance last fiscal year, we’re making the decision to reinvest in several operations,” said Frank Papa, CEO and President of Newark. “We strategically developed a plan to improve the utilization of our people and assets and most importantly, provide quality products and services in areas where our customers reside.”
The Newark Franklin, Ohio facility, which currently produces laminated panels, spines, and floor protection products, will take on a larger footprint as tube and core manufacturing will be added, Newark said. And in a related move, Newark's Greenville, Pennsylvania facility will be consolidated into the Franklin facility.
At its Milwaukee, Wisconsin facility, the company is increasing the plant's converting capabilities in the area of laminated panels for book and loose-leaf customers.
In the Northeast, Newark’s Chicopee, Massachusetts operation will become the primary facility for the Northeast and will continue producing tubes and cores, while the company's operation in Lawrence, Mass. will be consolidated into the Chicopee operation.
“It makes economic sense and provides a strong platform to support our valued Newark customers,” said Papa. “These changes mark another step in Newark’s continued vision to move our manufacturing where we can best serve our customers. Both of these moves will enable us to be more efficient and supply quality products to our customers in a quicker timeframe.”
The streamlining of operations is expected to be completed this coming fall, Newark said.
SOURCE: Newark Recycled Paperboard Solutions