Smurfit WestRock plc
Smurfit Westrock Announces Mill Closures and Capacity Reductions
Summary
Smurfit Westrock plc announced on April 30, 2025, the permanent closure of its coated recycled board (CRB) mill in St. Paul, Minnesota, and its containerboard mill in Forney, Texas, impacting approximately 650 employees. The closures are expected to reduce the company's containerboard and CRB capacity by over 500,000 tons annualized. The company expects to incur pre-tax cash charges of approximately $99 million and pre-tax non-cash asset impairment charges of approximately $188 million. The company issued a press release on the same day providing additional details.
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About Smurfit WestRock plc
Smurfit WestRock plc is a leading global provider of paper-based packaging solutions, formed through the merger of Smurfit Kappa and WestRock Company, two of the preeminent players in the packaging industry. This company specializes in manufacturing corrugated packaging products which are essential for sustainably packaging goods across diverse sectors such as e-commerce, retail, and fast-moving consumer goods. Known for its commitment to sustainable practices, Smurfit WestRock plc integrates circular economy principles by utilizing recycled materials and innovating eco-friendly packaging solutions. The company's operations extend internationally, significantly contributing to the supply chains of various industries by ensuring goods are transported safely and efficiently. As the demand for sustainable and efficient packaging solutions continues to grow, Smurfit WestRock plays a pivotal role in the packaging industry, aligning with global sustainability trends and customer demand for environmentally conscious products. Its comprehensive range of packaging offerings positions the company as a vital component in the market, supporting businesses in reducing their carbon footprint while maintaining product integrity.
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