As part of its ongoing transformation initiative (Project CORE), Magnera is taking a key step to optimize operations and align resources with long-term growth priorities by halting production and beginning the wind-down of operations at its Pilar, Argentina site.

 

The closure is part of Project CORE (Capacity Optimization and Resource Efficiency), a company-wide program introduced in Magnera’s most recent earnings release. Project CORE is designed to streamline Magnera’s global footprint, enhance operational agility, and deliver greater value to customers and partners.

“This was not a decision taken lightly,” said Curt Begle, Magnera CEO. “It reflects our commitment to building a more efficient, responsive, and sustainable organization—one that is better positioned to meet the evolving needs of our customers and the market.”

More than 60 employees will be impacted by the closure of the Pilar facility. Magnera is working closely with local teams to provide support. “We are deeply grateful for the dedication and contributions of our Pilar team,” added Begle. “Supporting them through this change is a top priority.”

 

Throughout the process, Magnera remains fully committed to maintaining exceptional service and honoring its customer commitments. The company is actively leveraging its global portfolio to ensure seamless continuity and consistent delivery across all markets. In parallel, Magnera is investing in advanced systems and technologies to enhance responsiveness, accelerate innovation, and strengthen its long-term operational capabilities.

 

“This is a moment of evolution, but also of opportunity,” said Begle. “Through Project CORE, we are building a stronger, more agile organization—ready to lead with purpose and deliver new possibilities for our customers and communities.”

 

Magnera Corporation serves 1,000+ customers worldwide, offering a wide range of material solutions, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and products serving the food and beverage industry. Operating across 45 production facilities, Magnera is supported by over 9,000 global employees.

 

Magnera’s purpose is to better the world with new possibilities made real. For more than 160 years, the company has delivered the material solutions their partners need to thrive. Through economic upheaval, global pandemics and changing end-user needs, Magnera has consistently found ways to solve problems and exceed expectations. The distinct scale and comprehensive portfolio of Magnera’s products brings customers more materials and choices. Magnera builds personal partnerships that withstand an ever-changing world.