News

SMURFIT-STONE: Packaging company to close more plants

January 10, 2004 /

MATR Sponsor (view all)

"For small to medium to national organizations, for events and fundraisers of any size, in any format – live, virtual or hybrid – the platform is built for scale."

Smurfit-Stone Container Corp., the nation’s largest packaging company, said Friday it is closing plants in California, Texas and Kentucky in a cost-cutting move that will eliminate more than 170 jobs.

Associated Press

http://www.chicagotribune.com/business/chi-0401100196jan10,1,4004267.story?coll=chi-business-hed

The Chicago-based company will discontinue operations at a corrugated container plant in San Jose, Calif., and at sheet plants in Louisville and Temple, Texas.

Earlier this week, it said it would close a plant in Anderson, Ind., resulting in the loss of 143 jobs.

Smurfit-Stone cited market conditions for the cuts and said existing business from the four plants will be moved to nearby company facilities.

Smurfit-Stone had more than 38,000 employees before starting a round of cost cuts last year that included plant closures in Milwaukee; Spartanburg, S.C.; and Ft. Smith, Ark. The company currently has about 37,500 employees worldwide.