WestRock to Reconfigure North Charleston, SC, Paper Mill
Westrock Company (WRK)
Last westrock company earnings: 1/30 06:30 am
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Source: Business Wire
Shut down of one paper machine will reduce linerboard capacity by approximately 288,000 tonsFocuses mill on manufacture of differentiated DuraSorb® and KraftPak® productsEnables approximately $40 million EBITDA improvement ATLANTA--(BUSINESS WIRE)--WestRock Company (NYSE: WRK) announced today that it is reconfiguring its North Charleston, SC, paper mill to improve the mill’s operating efficiency and long-term competitiveness.As part of the reconfiguration, WestRock will permanently shut down one of the mill’s three paper machines and related physical infrastructure, eliminating approximately 288,000 tons of linerboard capacity. The reconfigured mill’s production capacity will total approximately 605,000 tons per year, consisting of three grades: kraft linerboard; KraftPak, an unbleached folding carton kraft paper; and DuraSorb, a saturating kraft paper used for decorative laminate and industrial end uses.“The actions that we are taking at our North Charleston mill will substantiall
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