closes three plants
RockTenn will close three former Smurfit-Stone
corrugated container plants in the fourth quarter of fiscal year
2011. The plants are located in Birmingham, Alabama, Jonesboro,
Arkansas and Santa Fe Springs, California. Existing business
will be transitioned to nearby RockTenn facilities.
“This action is a necessary first step in
realigning the box plant system of RockTenn following the acquisition
of Smurfit-Stone. We plan to take many actions in the next year
to maximize the efficiency of our manufacturing processes as
well as to reduce costs and eliminate redundancies throughout
our operations as we move forward to achieve the operating synergy
that we anticipate from the Smurfit-Stone acquisition,” stated
Jim Rubright, chairman and chief executive officer.