123 WestRock Company has announced its plans to build a new corrugated box plant in Pleasant Prairie, Wisconsin, in response to increasing customer demand in the Great Lakes region. The company intends to close its existing plant in North Chicago upon completion of the new facility’s construction. This strategic investment will enable WestRock to enhance its production capabilities and optimize its cost profile in the Great Lakes area. The construction project is estimated to cost around $140 million, with potential partial offset from property sales. David B. Sewell, CEO of WestRock, emphasized the significance of this investment in advancing the company’s production capabilities and supporting its end-market strategy and margin improvement targets. He stated, “Investing in a new state-of-the-art corrugated converting facility elevates our production capabilities and better supports our end market strategy and margin improvement targets.” The new facility is anticipated to achieve several key objectives: supporting reduced manufacturing costs and waste, improving sustainability, enhancing quality and customer satisfaction, strengthening digital capabilities, and serving all key end markets in the Great Lakes region. This initiative underscores WestRock’s commitment to innovation, efficiency, and meeting the evolving needs of its customers in the Great Lakes region. You Might Be Interested In Megabanks See Big Money in Midsize Firms Activist Investor Starboard Value Takes Stake in Starbucks, Urges for Stock Price Improvement Boeing Secures $2.56 Billion Contract from U.S. Air Force for E-7A AEW&C Wedgetail Aircraft UK Trade Minister: FTA with India Possible Before Elections Reinsurance Group of America Welcomes New Member to Board of Directors Targa Resources Corp. Set to Engage at Morgan Stanley Energy & Power Conference