Edition:
India

Westrock To Reconfigure North Charleston, SC, Paper Mill


Monday, 9 Sep 2019 

Sept 9 (Reuters) - Westrock Co ::WESTROCK TO RECONFIGURE NORTH CHARLESTON, SC, PAPER MILL.WESTROCK CO - SHUT DOWN OF ONE PAPER MACHINE WILL REDUCE LINERBOARD CAPACITY BY APPROXIMATELY 288,000 TONS.WESTROCK CO - SHUTDOWN ENABLES APPROXIMATELY $40 MILLION EBITDA IMPROVEMENT.WESTROCK CO - ANTICIPATES THAT RECONFIGURATION WILL INCREASE WESTROCK'S ANNUAL EBITDA BY APPROXIMATELY $40 MILLION.WESTROCK CO - RECONFIGURED MILL'S PRODUCTION CAPACITY WILL TOTAL APPROXIMATELY 605,000 TONS PER YEAR.WESTROCK CO - RECONFIGURATION INCLUDES AN ANTICIPATED WORKFORCE REDUCTION OF APPROXIMATELY 260 POSITIONS AT THIS MILL OVER A FIVE-MONTH PERIOD. 

Company Quote

36.7
0.5 +1.38%
18 Oct 2019