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Graphic Packaging Plans to Close its Multiwall Bag Facility in Jacksonville

Graphic Packaging International, Inc. (GPI) a subsidiary of Graphic Packaging Holding Company (NYSE: GPK), recently announced plans to close its Jacksonville, Ark., multiwall bag facility.

The Company will transition business and equipment from Jacksonville to other U.S. operating locations.

"As always, GPI deploys business to our most cost effective plants," said David Scheible, President and Chief Executive Officer. "We continually evaluate all of our business operations to ensure we are serving our markets as efficiently as possible. Simply put, this is a difficult business decision."

The Jacksonville multiwall bag facility will continue to operate and support customers while its business is transitioned to other Company facilities in the U.S. over the next several months. The Company has notified its Jacksonville employees, and will provide appropriate assistance to those affected.

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