ATLANTA - Graphic Packaging Holding Company (NYSE:GPK), a prominent player in sustainable consumer packaging with a market capitalization of $7.79 billion, has announced the impending permanent closure of its Middletown, Ohio, paperboard manufacturing facility, anticipated on or around June 1, 2025. This move is set to impact around 130 employees and is a strategic step in the company's broader plan to consolidate its recycled paperboard production. According to InvestingPro analysis, the company currently trades at an attractive P/E ratio of 12.03, suggesting potential value for investors watching this strategic transition. The consolidation strategy aims to centralize operations within its Kalamazoo, Michigan, location and a new facility in Waco, Texas, which is slated to start commercial production later in the year. Graphic Packaging is committed to supporting the affected Middletown employees by providing assistance for employment placement.