Graphic Packaging Aktie

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WKN DE: A0NGSQ / ISIN: US3886891015

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06.09.2017 13:20:55

Graphic Packaging Closes Santa Clara, California Paperboard Mill

(RTTNews) - Graphic Packaging Holding Company (GPK) said that its wholly owned subsidiary, Graphic Packaging International Inc., will close its coated recycled paperboard mill in Santa Clara, California by year end. The closure will affect approximately 120 employees.

The decision was made as a result of a thorough assessment of the facility's manufacturing capabilities and associated costs in the context of the Company's overall mill operating capability.

"The closing of the Santa Clara facility was a difficult decision. We are working closely with the affected employees to provide support and assistance," said President and CEO Michael Doss.

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