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WestRock agreed to divest its ownership interest in RTS Packaging to joint venture partner Sonoco for $330 million, and to sell its Eaton, Indiana and Aurora, Illinois uncoated recycled paperboard mills to Ox Industries for $50 million. Closing is expected in the first half of 2023.
WestRock agreed to sell its uncoated recycled paperboard mills in Eaton, Indiana, and Aurora, Illinois, to Ox Industries for $50 million, with closing expected in late 2022 or early 2023.
Ox Industries closed its Halltown Mill in Halltown, West Virginia, in November 2022, eliminating about 70 jobs. The mill, the state's oldest continuously operating manufacturing plant, made recycled paperboard.