Greif to Exit CRB Business, Close Sweetwater Paperboard Mill
Greif will exit the coated recycled paperboard market by closing its Sweetwater paperboard mill in Austell, Georgia, with operations expected to cease by the end of 2026. Roughly 90 employees will be affected, and the closure removes approximately 120,000 tons of annual production capacity across CRB, URB, and gypsum paper grades. Greif says the mill's cost position and limited integration within its network prevented a sustainable competitive position. URB customers will be transitioned to Greif's broader North American URB mill network, and management framed the move as concentrating capital on businesses with leading market positions.
Key figures
- Closure timing
- mill operations to cease by end of calendar year 2026
- Affected employees
- 90
- Capacity removed tons
- 120000
AI analysis
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