05:09 PM EDT, 09/29/2025 (MT Newswires) -- Magnera ( MAGN ) said Monday it is stopping production at its site in Pilar, Argentina, and will start winding down operations there.

The closure is part of a company-wide project introduced in the latest earnings release to streamline the company's global presence and improve operational agility, Magnera ( MAGN ) said.

About 60 employees will be impacted by the facility's closure, according to a statement.