Packaging Dive reported the development on 2025-11-04. With the long-anticipated Texas mill now open, executives on Tuesday’s earnings call announced timing for a shutdown elsewhere.
The report places the news in a wider commercial context. Overview: Graphic Packaging International’s third-quarter packaging sales volumes fell 2% year over year, executives said during Tuesday’s earnings call. Although certain customers are running promotions, those are “insufficient to drive overall volumes higher” as consumer spending remains sluggish, said CEO Mike Doss.
For the food sector, the practical implications extend beyond the immediate announcement. Closures and market balance: Doss announced that GPI’s recycled paperboard plant in East Angus, Quebec, will end production Dec. 23. Executives have long said East Angus would close once Waco is operational.
Attention now turns to how companies, customers and regulators respond. Outlook: “While we are not satisfied with current results, we are confident that we can meaningfully improve margins,” Doss said. GPI’s full-year guidance for net sales remains unchanged at $8.4 billion to $8.6 billion. The company lowered its guidance for full-year earnings before interest, taxes, depreciation and amortization to between $1.4 billion and $1.45 billion.
Packaging Dive
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