Caraustar closes Lafayette mill.
Official Board Markets, January, 2007
Caraustar Industries, Inc. has closed its Lafayette Paperboard mill in Lafayette, Ind. The Lafayette mill is an uncoated recycled boxboard manufacturing facility with an annual capacity of 64,000 tons. The closure of the Lafayette mill will affect approximately 73 salaried and hourly employees.
The company also announced the rationalization of four tube and core converting facilities in Amarillo, Texas; Vacaville, Calif.; Grand Rapids, Mich. and Leyland, U.K. The closure of the tube and core facilities will affect approximately 58 salaried and hourly employees. The closure of the Lafayette mill and the tube and core facilities reflects the company's previously announced plans to achieve greater cost efficiencies throughout its system and...
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