Mayr-Melnhof Karton AG announces realignment of cardboard and folding box production at the Hirschwang site - Global Paper Money

Click here for Pulp & Paper Radio International

The Paperitalo Library

The Paperitalo Library

White Papers/Downloads

PM 40 Companies

Cellulose Community

Paperitalo Resources

Paperitalo Supplier Directory

onlyPulpandPaperJobs.com

The Paperitalo Library

Inside PaperMoney

Paperitalo/Media Kit

Nip Impressions

Departments

Disconnected Comparisons

Insider Trading

Current News

Culture & Marketing

Corporate Finance

Labor & Union Actions

Major Expenditures

Market News of Note

Mergers & Acquisitions

Major Announcements

Operations Announcements

Facility Closures/Reductions

In Closing

Reference Library

AM Best Insurance News

Delaware Chancery Court

Fiduciary Developments

ICC News and Proceedings

Key Interest Rates

WTO News and Proceedings

Member Options

About Paper Money

Mayr-Melnhof Karton AG announces realignment of cardboard and folding box production at the Hirschwang site

AUSTRIA (News release) -- A comprehensive examination of the framework conditions has shown that it is not possible to continue production on the board machine in Hirschwang an der Rax, Lower Austria, economically. The age and design of the machine (year of construction 1952) as well as increased market requirements prevent continued existence. 150 employees are affected, discussions about a social plan have already been started. The supply of customers from other plants of the Mayr-Melnhof Group is guaranteed.

The result of the cartonboard division is expected to be impacted by around EUR 25 million, the greater part of which is due to depreciation.

The Hirschwang site is to concentrate on the existing folding box production (Neupack) with 215 employees in the future. Investments to strengthen the location in this area are being examined.

The Paperitalo Supplier Directory is where to easily find qualified suppliers

Related Articles:

Oji Kinleith Mill to halt paper production next year, with 230 jobs on the line

UPM Raflatac will close its Kaltenkirchen factory in Germany to improve competitiveness

January closure set for Quad Graphics Printing plant in Waukee, Iowa

San Antonio International Paper facility to shut down, lay off 89 employees

Mondi announces closure of Stambolijski paper mill following fire

International Paper cutting about 650 jobs, 400 in Memphis

International Paper facility will close, cut 115 jobs in Cleveland, Tennessee

International Paper closing Statesville, N.C. facility, 74 to lose jobs

International Paper announces closure of Georgetown, South Carolina mill

International Paper to close Kansas City, Missouri facility

Login and voice your opinion!

Our Sponsors

Copyright © and Trademark PaperMoney ® 2006-2024 All Rights Reserved

A Paperitalo Publication/The Home of your Prospects (TM)

Copyright Statement | Privacy Statement | Terms of Service

Powered by Bondware

News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: