Sonoco to Close Paper Mill at Munroe Falls, Ohio

Apr 02, 2001, 01:00 ET from Sonoco

    HARTSVILLE, S.C., April 2 /PRNewswire/ -- Sonoco (NYSE:   SON) today
 announced that it will close its Munroe Falls, Ohio, paper mill, effective
 April 13, 2001.  The mill, with a capacity of approximately 90 tons per day,
 has been closed temporarily since January 2001 reflecting current softness in
 demand.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/19991006/SNCLOGO )
     The mill, located at 59 North Main Street, was acquired by Sonoco in 1960
 and currently employs 46 people.  The Company will offer out-placement
 assistance and severance benefits.
     Sonoco's paper tube plant located at the same address in Munroe Falls is
 not affected by the paper mill closing and will continue operating.  It is
 expected that employment opportunities will become available at the tube
 facility for some paper mill employees.
     "The decision to close the Munroe Falls paper mill was not easy.  The
 mill's team has played an important role in Sonoco's paper operations for
 almost a half of a century and have developed and maintained a loyal customer
 base," said Marty Pignone, division vice president, North America.  "However,
 the narrow width of the paper machine and high energy cost has made
 profitability less than at other Sonoco paper mills with available capacity,"
 added Pignone.
     Sonoco is a $2.7 billion global manufacturer of industrial and consumer
 packaging products and services, with 295 locations in 33 countries serving
 customers in 85 nations.  For more information on the Company, visit its
 website at www.sonoco.com.
 
 

SOURCE Sonoco
    HARTSVILLE, S.C., April 2 /PRNewswire/ -- Sonoco (NYSE:   SON) today
 announced that it will close its Munroe Falls, Ohio, paper mill, effective
 April 13, 2001.  The mill, with a capacity of approximately 90 tons per day,
 has been closed temporarily since January 2001 reflecting current softness in
 demand.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/19991006/SNCLOGO )
     The mill, located at 59 North Main Street, was acquired by Sonoco in 1960
 and currently employs 46 people.  The Company will offer out-placement
 assistance and severance benefits.
     Sonoco's paper tube plant located at the same address in Munroe Falls is
 not affected by the paper mill closing and will continue operating.  It is
 expected that employment opportunities will become available at the tube
 facility for some paper mill employees.
     "The decision to close the Munroe Falls paper mill was not easy.  The
 mill's team has played an important role in Sonoco's paper operations for
 almost a half of a century and have developed and maintained a loyal customer
 base," said Marty Pignone, division vice president, North America.  "However,
 the narrow width of the paper machine and high energy cost has made
 profitability less than at other Sonoco paper mills with available capacity,"
 added Pignone.
     Sonoco is a $2.7 billion global manufacturer of industrial and consumer
 packaging products and services, with 295 locations in 33 countries serving
 customers in 85 nations.  For more information on the Company, visit its
 website at www.sonoco.com.
 
 SOURCE  Sonoco

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