The Newark Group to Close Two Locations
 Print this article | Send to Colleague
The Newark Group, Cranford, N.J., USA, an integrated producer of 100% recycled paperboard and converted paperboard products, will close its Franklin Boxboard mill in Franklin, Ohio, and its Newark Graphicboard-BCI plant in Newark, N.J. Following these closures, selected products from the two facilities will be made available through alternate Newark Paperboard Mills and Newark Graphicboard-BCI sites. Both locations will operate in accordance with the W.A.R.N. requirements.
The Newark Groups noted that the closures reflect its strategic focus on rightsizing assets to best serve its customers. "It's no secret that market conditions have changed and we, like every organization, need to evolve to not only serve but lead the industry," said Philip B. Jones, president and CEO, adding that "this move allows us to do just that, as we focus on the specific products and services that our customers need today and into the future."
|
|
