Greif, Inc. closes Sweetwater mill in Georgia, exiting coated recycled paperboard market
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Greif, Inc. announced the closure of its Sweetwater mill in Austell, Georgia, which is expected to cease operations by the end of the year. The mill, which produces coated recycled paperboard, uncoated recycled paperboard, and gypsum facing and backing paper, will remove approximately 120,000 tons of annual production capacity and affect about 90 employees. Greif intends to continue supplying affected uncoated recycled paperboard customers through other North American mills.
Why it matters
The closure is part of Greif’s strategy to exit the coated recycled paperboard market, citing the mill’s operating configuration, limited integration, and cost position as barriers to sustainable competitiveness. The move allows the company to focus resources on assets where it has a leading market position.
Who's involved
- Greif, Inc.Company closing the mill and exiting the coated recycled paperboard market
- GeorgiaState where the Sweetwater mill is located
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- GeorgiaSpeculative
The local economy might see reduced job demand and tax revenue due to the closure of the mill and the loss of 90 jobs.
- Greif, Inc.Speculative
The remaining network could potentially strengthen its economics by spreading fixed costs across more output if it retains transferred customers.
Keep exploring
The entities involved
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Georgia
state of the United States of America
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Greif, Inc.
Global industrial packaging products and services
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