
Lake Forest, Illinois based Packaging Corporation of America (PCA) is closing multiple manufacturing sites before year’s end, the company revealed in Worker Adjustment and Retraining Notification (WARN) notices this month. The end-of-year cuts come as the corrugated specialist also integrates newly acquired assets from Greif’s containerboard network into its U.S. footprint.
PCA is closing a full-line plant in Allentown, Pennsylvania, come December 1, impacting 60 employees. Weeks later, come December 19, PCA plans to shutter a full-line plant in Salisbury, North Carolina, affecting 108 workers.
These announcements follow PCA’s closure of a corrugated plant in Georgia at the start of this year.
PCA noted on its most recent second-quarter earnings call in July that it had some downtime at mills to align with lower demand, resulting in year-over-year and quarter-to-quarter declines in total containerboard production. Recent estimates suggest containerboard site closures announced across the industry this year have resulted in a nearly 10 percent reduction in North American capacity.
The U.S.-only company recently completed its $1.8 billion acquisition of Greif’s containerboard business, which came with mills in Virginia and Ohio, plus sheet feeder and corrugated plant locations across the country.
https://boardconvertingnews.com/pca-closes-manufacturing-sites-in-pennsylvania-north-carolina/
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