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Magnera to close Argentina facility as part of project CORE transformation (NYSE:MAGN)

  • Magnera (NYSE:MAGN) is halting production and winding down operations at its Pilar, Argentina site, effective immediately.
  • The closure is part of Project CORE (Capacity Optimization and Resource Efficiency), aimed at streamlining operations and aligning resources with long-term growth goals.
  • More than 60 employees will be affected.
  • Source: Press release
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