PaperWorks to Close Phoenix Folding Carton Plant

PaperWorks Industries Inc. will be closing its Phoenix-based folding carton plant in the coming months. Employees and customers affected by the closing have been notified as the company begins the process of transferring them to other folding carton plants in the US and Canada. This closure will affect 91 employees.

"In order to better serve our customers, we are announcing our intention to consolidate our manufacturing operations in North America," PaperWorks Packaging Group EVP Joe Moynihan said. "The manufacturing assets will be moved out of Phoenix and repositioned among our other seven plants. Working with our customers on the transition, we will enable them to receive the same quality products and services from one or more of our other plants."

About PaperWorks Industries Inc.
Founded in 2008, PaperWorks Industries Inc. is a leading North American integrated full-service packaging provider committed to the highest standards in sustainable forestry and procurement. It is certified by organizations including the Forest Stewardship Council, Sustainable Forestry Initiative, and the Programme for the Endorsement of Forestry Certification. The company's Packaging Group is considered a leading innovator in the production of specialized folding cartons, serving clients of all sizes across North America from 10 facilities. The Paperboard Group manufactures approximately 300,000 tons of 100 percent recycled paperboard every year for a variety of end uses, and further specializes in the cutting and distribution of all paper types according to specific customer needs. PaperWorks Industries is headquartered in Bala Cynwyd, Pa. Its 17 North American locations employ 1,600 workers, all focused on the safety and quality of PaperWorks' products and services. Its annual sales are $600 million. For more information, visit www.paperworksindustries.com.