In a WARN announcement received on Wednesday, WestRock announced that the company was closing its Somerset-based container manufacturing plant.
The company would cease operations at the plant at 400 Chandler Street and
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lay off all 24 plant employees on or around September 30. The closure of the South Kentucky plant would leave WestRock with five other locations. in Kentucky, including facilities in Nicholasville and Lexington.
The WestRock Company announced results for the fiscal third quarter ending June 30, 2020. Net sales of $ 4.2 billion were down 9.7 percent from the previous quarter.
$ 0.69 diluted earnings per share and $ 0.76 adjusted earnings per diluted share vs. $ 0.98 diluted earnings per share and $ 1.11 adjusted earnings per diluted share in the No candy for the naughty boo bees shirt, hoodie, tank top, sweater previous quarter; sequentially up from $ 0.57 diluted earnings per share and $ 0.67 adjusted earnings per diluted share in Q2.
“ Our results for the fiscal Q3, including strong cash flow and debt reduction, demonstrating why I am so proud of how the WestRock team is working closely with our clients to help them meet changing needs across many end markets, ”Steve says Voorhees, CEO.
WestRock Corporation is a leading provider of differentiation paper and packaging solutions.
A team of employees at the WestRock factory in Demopolis has been recognized for their efforts to create a safer work environment.
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The Pulp and Paper Safety Association, comprising members of paper mills across the country, recently accredited the Demopolis WestRock mill safety committee for the development of valve labeling systems. The organization’s annual Safety Group / Committee award honors a committee or group of the pulp and paper industry that has made a significant contribution to safety and health at the site, company, or industry. surname.
“WestRock-Demopolis, designed a new process to minimize the risk for everyone through the valve labeling system,” stated the PPSA. “Valve labels are specially color-coded based on respective products, such as water and hazardous materials and are engraved with product information and unit numbers matching the No candy for the naughty boo bees shirt, hoodie, tank top, sweater documentation for safety inspection. The color-coded labels on each valve allow personnel to quickly and easily identify specific product types, increasing awareness and knowledge about all valves, especially if hazardous.
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