After over a century in operation, the Graphic Packaging International recycled paperboard mill in Tama, Iowa, is set to close in the second quarter of 2023.
The announcement came in the company's first-quarter earnings report, which was released on Tuesday.
The closure of the Tama mill is expected to impact approximately 80 employees. The company stated that the decision was made as part of its ongoing efforts to optimize its mill network and ensure that it remains competitive in the marketplace.
Graphic Packaging International is a leading provider of paper-based packaging solutions for a variety of industries. The company operates mills throughout the United States, Canada, and Europe, and is known for its commitment to sustainability and environmental responsibility.
The Tama mill has been a part of the company's operations for more than 100 years, and its closure is sure to have a significant impact on the local community. However, the company has stated that it will work with affected employees to provide support and assistance during the transition.
Despite these challenges, Graphic Packaging International remains committed to delivering high-quality packaging solutions to its customers. The company is investing in new technologies and processes to improve efficiency and reduce costs and is constantly exploring new opportunities for growth and innovation.
Graphic Packaging is a leading provider of sustainable fiber-based packaging solutions to the world's most widely-recognized food, beverage, foodservice and other consumer products companies and brands. The Company operates on a global basis, is one of the largest producers of folding cartons and fiber-based foodservice products in the United States and Europe, and holds leading market positions in coated recycled paperboard, coated unbleached kraft paperboard and solid bleached sulfate paperboard. www.graphicpkg.com