In addition, to gain synergies from the recent acquisition of International Paper's foodservice packaging operations in China, comprising of manufacturing units in Tianjin and Shanghai, Huhtamaki has decided to consolidate its manufacturing operations in Tianjin into one unit. All manufacturing operations will be transferred to the unit acquired from IP. Employees currently working at the unit to be closed will be offered equivalent work opportunities at the continuing Tianjin unit. The transfer is expected to be completed by the end of the first quarter of 2018.
Following the above activities, the Huhtamaki production footprint in China will consist of three efficient and focused foodservice-manufacturing units (Guangzhou, Shanghai and Tianjin), allowing it to support the growth plans of its customers operating in China.