Caraustar Emerges from Chapter 11

ATLANTA—Caraustar Industries, Inc. announced that it has emerged from Chapter 11 as a newly reorganized private company eliminating approximately $135 million in debt. Michael J. Keough, president and chief executive officer, said, “We are gratified that the company has been able to expeditiously implement its Plan of Reorganization with minimal business disruption and in record time. As a result, Caraustar emerges with a strong, stable platform from which to operate, invest and grow our business. This is a tremendous accomplishment.”