Greif to Close Los Angeles Paperboard Mill

Core Viewpoint - Greif will permanently close its paperboard mill in Los Angeles, California, as part of optimization efforts, with operations expected to cease in June 2025 [1][2]. Company Impact - The closure will remove 50,000 tons of coated recycled paperboard (CRB) and 22,000 tons of uncoated recycled paperboard (URB) capacity from the market, ending Greif's coated paperboard production on the West Coast [2]. - Approximately 72 positions will be impacted by the closure, with the company committing to provide severance benefits and career transition resources to affected employees [3]. Strategic Decision - The decision to close the facility is attributed to increased costs and limited integration opportunities, aiming to strengthen focus in key markets and enhance the performance of the existing mill network and broader business portfolio [3][4]. Company Overview - Greif is a global leader in industrial packaging products and services, producing a wide range of products including steel, plastic, and fiber drums, as well as various types of paperboard [5]. - The company operates over 250 facilities in 37 countries, employing more than 14,000 people to serve both global and regional customers [5].