AM I NEXT? NO LOVE AT MONDI USA

 Am I Next? Mondi closing Louisville, Kentucky plant and laying off all 100 workers.

Atlanta, Georgia-based Mondi Bags USA, a subsidiary of international packaging manufacturer Vienna, Austria-based Mondi Group and a manufacturer of paper-related packaging for the feed, food, and specialty chemicals, will close its Louisville, Kentucky plant lay off all 100+ employees. The plant, in operation since 1957, was acquired for $105 million in 2014 from Graphic Packaging International Inc., a wholly owned subsidiary of Graphic Packaging Holding Company.

According to a Mondi spokesperson, "Mondi has entered into discussions around the proposal to cease production at this plant by the end of 2018. Louisville produces woven polypropylene industrial bags for the agricultural feed, pet, food and specialty chemical industries. Its product portfolio is not a core part of our business and the plant is no longer sustainable. We have explored all options for the future of the plant. We have concluded this decision is necessary to ensure the long-term success of Mondi North America’s core industrial bags business. Mondi understands the impact of this decision on those affected and will treat employees fairly during this difficult time."

It can happen to anyone, anytime, anywhere ... are you wondering, Am I Next?