secwatch.observer — SEC 8-K summary
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Issuer:     GRAPHIC PACKAGING HOLDING CO (GPK)
CIK:        0001408075
Form:       8-K
Filed at:   2023-10-04T23:59:59+00:00
Accession:  0001193125-23-250717
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graphic Packaging to decommission K3 CRB machine (125K tons/yr) as part of network optimization
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- K3 machine ceased operation July 1, 2023; permanently shuttered Oct 4 as part of CRB optimization plan announced in 2019.
- Machine capacity 125,000 tons per annum; Kalamazoo facility retains two other CRB machines.
- New K2 CRB machine reached quality, cost, and volume commitments ahead of schedule, enabling the shutdown.
- Decommissioning not expected to affect 2023 projected Adjusted EBITDA of $1.9B midpoint.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408075/000119312523250717/0001193125-23-250717-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408075/000119312523250717/d824382d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-250717

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