OTHER NEWS - Aug. 2, 1993
James River to Close Modesto Plant: The corporation’s Food and Consumer Packaging business said it will shut down its folding-carton operation as part of a restructuring program aimed at reducing annual operating costs by $200 million. The Modesto operation will be transferred to one of the company’s 14 folding-carton facilities in--among other locations--Garden Grove, Calif.; Portland, Ore., and Redmond, Wash. The company did not specify how much money the shutdown would save. About 235 salaried and hourly employees work at the facility. Whether personnel would be transferred to other James River operations or lose their jobs, the company did not specify.
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