Mississauga, Ontario, Canada-based KP Tissue, a manufacturer of quality tissue products for household, industrial and commercial use, has announced that it will shut down certain older and inefficient production assets, including a Light Dry Crepe paper machine and six converting lines in early January 2023 in Memphis, Tennessee.
The decision will impact 165 employees, leaving approximately 400 employees to continue producing High-quality facial tissue and premium Through Air Dry (“TAD”) products.
According to Dino Bianco, CEO of Kruger Products, “While this is a difficult decision, it is necessary to ensure the continued success, competitiveness, and growth of our Memphis plant. We have invested over $400 million at our Memphis plant since 2010, and it will continue to be an important part of our business. We would like to sincerely thank our employees for their ongoing dedication and hard work The shutdown of these older assets will improve our operating efficiencies and have a positive impact on the profitability of our Memphis operations. Kruger Products will also be working closely with our customers to make this a seamless transition."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?