Greg Bartlett

Caraustar Industries, Inc. announced that on March 19, 2009 it made the determination to permanently cease production of uncoated recycled boxboard (URB) at its Carolina Paperboard mill in Charlotte, NC. Production was ceased effective today.

Caraustar will provide a comprehensive program of separation pay, benefits coverage and job assistance to the employees affected by the Richmond closure to facilitate their transition to alternate employment. Greg Bartlett, vice president, sales Mill Group, stated Recession and declines in product demand necessitate that the company move aggressively to retain cost efficiencies and increase capacity utilization across its mill system.