Printpack closing snack food packaging plant in Hendersonville, North Carolina; 115 jobs lost; replacement plant to be built in fall in Rhinelander, Wisconsin to house snack food operations; high raw materials costs, boost in capacity cited for change

ATLANTA , June 1, 2012 (press release) – Printpack Inc. announces plans to begin construction of a new plant in Rhinelander, Wisconsin in the fall of 2012 as part of its strategy of aggressive reinvestment to improve production efficiency. The transition to the new Rhinelander plant will take place in the second half of next year.

With the additional capacity created by the new Rhinelander plant, it will be necessary to close Printpack’s Hendersonville, North Carolina plant and transition that business to the new facility in Rhinelander.

“The decision to close Hendersonville was very difficult for us. However, our goal has always been to provide our customers competitively priced, high quality packaging materials, utilizing the best technology available. This new investment will enable us to continue to meet this goal,” said Dennis Love, President and CEO.

Founded in 1956 and headquartered in Atlanta, GA, USA, Printpack is a privately held manufacturer of flexible and specialty rigid packaging. Employing 4,220 associates worldwide, the company operates 28 manufacturing facilities in the United States, Mexico, the United Kingdom, Poland and China.

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