Rock-Tenn Co. announced its decision to close its Waco, Texas, folding carton plant by the first quarter of next year. The plant was acquired June 6, 2005 as part of the purchase of the Gulf States paperboard and packaging businesses. Rock-Tenn will transfer the majority of the Waco facility's current production to other plants.
Mike Kiepura, executive vice president - Folding Carton division, stated, "Gulf States' Waco plant was the weakest performer in the Gulf States system and, based on our operating review, we cannot justify the investment that would be required to continue operations at this plant."
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