James Cropper wants to shut down a paper machine and to restructure
News General news
The British manufacturer of speciality papers, luxury papers and products, James Cropper, has announced a restructuring programme.
Source:
Company news
Among other things, the company will reduce the number of paper machines in operation from four to three.
In addition, the three separate business units (James Cropper Paper, Technical Fibre Products and Colourform) will be transformed into four market-facing segments, all operating under the group name: James Cropper Creative Papers, James Cropper Luxury Packaging, James Cropper Technical Fibres and James Cropper Future Energy.
In addition, James Cropper has announced plans to invest several million £.
Company profile: James Cropper plc, Great Britain and N.I., Kendal
