Marietta, Ga.-based Graphic Packaging International Inc. has notified the state that it will cut 118 jobs by closing its
plant in Fort Wayne.
The company informed the Indiana Department of Workforce Development on Tuesday that the job
cuts will begin Jan. 3 and last until June 30, the date the plant is scheduled to close. The notice was posted on the state
agency’s Web site on Thursday.
Graphic Packaging is a publicly traded company that has more than 50 locations
and 15,000 employees worldwide.
The company gave no reason for the plant closing.
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Fort Wayne plant closing to leave 118 jobless
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Three Magi
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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
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Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
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Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
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Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.
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