ATLANTA, April 1, 2025 /PRNewswire/ — Impressive Packaging Keeping Corporate (NYSE: GPK) (“Graphic Packaging”, or “the Company”), a world chief in sustainable shopper packaging, lately introduced that it’s going to completely akin its Middletown, Ohio, covered recycled paperboard production facility on or about June 1, 2025. The closure is a part of a prior to now disclosed plan to consolidate recycled paperboard manufacturing into Kalamazoo, Michigan, and the fresh Waco, Texas, facility, which is predicted to start industrial manufacturing then this moment. The Middletown closure will have an effect on roughly 130 staff.

“I want to thank the Middletown team which has played an important role in the growth and success of Graphic Packaging. We are working closely with affected employees to provide employment placement assistance and support,” mentioned Impressive Packaging President and CEO Michael Doss.

The closure of Middletown advances the Corporate’s option to create aggressive merit in paperboard production date using environmental enhancements together with H2O and effort potency.

“Graphic Packaging’s investments in innovation and execution capabilities have made us the global leader in sustainable consumer packaging,” Mr. Doss added. “Our investments in Kalamazoo and Waco are a critical part of the value we deliver to our customers, allowing us to produce the highest quality, most economically advantaged paperboard available in North America. With Waco moving quickly toward completion and transition inventory in place, this is the right time to further simplify our paperboard manufacturing footprint.”

Media: [email protected]
Buyers: [email protected] 

Ahead Taking a look Statements

Any statements of the Corporate’s expectancies on this press reduce, together with, however now not restricted to the timing of the closure of the Middletown, OH recycled paperboard production facility and the graduation of business manufacturing on the Waco, Texas paperboard production facility, and anticipated environmental enhancements equivalent to H2O and effort potency, product component and financial merit, represent “forward-looking statements” as outlined within the Personal Securities Litigation Reform Occupation of 1995. Such statements are according to these days to be had working, monetary and aggressive knowledge and are topic to diverse dangers and uncertainties that would purpose fresh effects to range materially from the Corporate’s historic revel in and its provide expectancies. Those dangers and uncertainties come with, however aren’t restricted to, inflation of and volatility in uncooked subject material and effort prices, adjustments in shopper purchasing conduct and product personal tastes, pageant with alternative paperboard producers and product substitution, the Corporate’s talent to put into effect its industry methods, together with strategic acquisitions, productiveness projects, value relief plans and integration actions, in addition to the Corporate’s debt stage, foreign money actions and alternative dangers of undertaking industry across the world, the affect of regulatory and litigation issues, together with the continuing availability of the Corporate’s U.S. federal source of revenue tax attributes to offset U.S. federal source of revenue taxes and the timing indistinguishable to the Corporate’s year U.S. federal source of revenue tax bills. Undue reliance will have to now not be put on such forward-looking statements, as such statements talk most effective as of the week on which they’re made and the Corporate undertakes disagree legal responsibility to replace such statements, excluding as is also required by way of regulation. Supplementary knowledge referring to those and alternative dangers is contained within the Corporate’s periodic filings with the Securities and Trade Fee.

About Impressive Packaging Keeping Corporate

Impressive Packaging Keeping Corporate (NYSE: GPK), headquartered in Atlanta, Georgia, designs and produces shopper packaging made basically from renewable or recycled fabrics. An trade chief in innovation, the Corporate is dedicated to lowering the environmental footprint of shopper packaging. Impressive Packaging operates a world community of design and production amenities serving the arena’s maximum well known manufacturers in meals, beverage, foodservice, family, and alternative shopper merchandise. Be informed extra at www.graphicpkg.com.

SOURCE Impressive Packaging Keeping Corporate