This decision was made as a result of a thorough assessment of the facility's manufacturing capabilities, associated costs and market demand for its products. The closure will affect approximately 140 employees.
"The closing of the Jonquiere facility was a difficult decision. We are working closely with the affected employees to provide support and assistance," said Mike Doss, President and Chief Operating Officer.
The company anticipates one-time costs of $4-5 million in the second half of 2015 related to this closure.
Graphic Packaging Holding Company is a leading provider of packaging solutions for a wide variety of products to food, beverage and other consumer products companies. The Company is one of the largest producers of folding cartons and holds a leading market position in coated-unbleached kraft, coated-recycled boxboard and specialty packaging.