Greif announces 2 closures, affecting 140 jobs

"Greif is making waves with tough decisions—shutting down two paperboard operations in Georgia and Massachusetts by May, impacting 140 jobs. Why? Rising costs and falling demand in key markets like books and furniture. The closures will cut 190,000 tons of capacity but streamline operations for profitability. Here’s the kicker for the paper packaging industry: With Greif shifting focus to polymers, competition in recycled fiber markets could tighten, driving innovation in lightweight, sustainable packaging solutions. It’s a shake-up that forces the sector to adapt fast!"https://www.packagingdive.com/news/greif-closures-georgia-massachusetts-140-employees-capacity/738585/

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