secwatch.observer — SEC 8-K summary
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Issuer:     Smurfit Westrock plc (SW)
CIK:        0002005951
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001104659-25-042628
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 2.05, 2.06, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smurfit Westrock to close two mills, cut 500k tons capacity; expects $287M pre-tax charges
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- Permanent closure of CRB mill in St. Paul, MN, and discontinuation of production at containerboard mill in Forney, TX; specialty coating at Forney unaffected.
- Consultation with German works councils to permanently close two converting facilities in Germany.
- Approximately 650 employees in U.S. and Germany impacted; career transition assistance and severance provided.
- Pre-tax cash charges of ~$99M ($42M severance, $57M other) and non-cash impairment of ~$188M; $226M recognized in Q2 2025.
- Capacity reduction of over 500,000 tons annualized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2005951/000110465925042628/0001104659-25-042628-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2005951/000110465925042628/tm2513671d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-042628

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