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Fri, Mar 29, 2024 07:35
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Management Side
Graphic Packaging closes facility

SANTA CLARA, California (From news reports) -- Graphic Packaging closed its Santa Clara, Calif. recycled paperboard mill at the beginning of this month, citing high costs and market volatility as contributing to the decision.

The company announced in September the closure would take place by the end of the year. In a Securities and Exchange Commission filing last week, company officials confirmed the closure took place Dec. 1.

In an October investors call, company officials said the shuttered facility's production capacity would be absorbed in the company's Midwest operations.

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