Ball To Consolidate Capacity in North American Food & Household Products Packaging Business

13 Feb 2013 ---  The Elgin plant produces aerosol and specialty steel cans as well as flat steel sheet used by other Ball food and household products packaging facilities. The plant's 245 employees will be provided benefits, including outplacement and severance pay, in accordance with company policies and the effects bargaining process.

13 Feb 2013 --- Ball Corporation announced that it will cease production at the company's Elgin, Ill., food and aerosol packaging manufacturing plant in December 2013. The plant's customers will be supplied by other Ball facilities.

"Closing Elgin reduces capacity and, coupled with other changes within our manufacturing system, will enable us to maximize value in our existing business by supplying customers from a consolidated asset base and redistributing some manufacturing operations within our system," said Michael W. Feldser, chief operating officer of Ball's global metal food and household products packaging business.

The Elgin plant produces aerosol and specialty steel cans as well as flat steel sheet used by other Ball food and household products packaging facilities. The plant's 245 employees will be provided benefits, including outplacement and severance pay, in accordance with company policies and the effects bargaining process. Elgin employees can apply for open positions within Ball.

Ball will report an after-tax charge of approximately $21 million for this closure, the majority of which will be recorded in 2013.

RELATED ARTICLES
Homepicture

Asda and Aldi ban energy drink sales to under-16s

22 Jan 2018 Asda and Aldi have announced that they are ...

Homepicture

Evian strives for 100 percent recyclable plastic bottles by 2025

19 Jan 2018 Evian is strengthening its sustainability ...

Homepicture

Sysco expands European business by acquiring Kent Frozen Foods

17 Jan 2018 Sysco Corporation has signed an agreement to ...

Homepicture

Takasago forms partnership with Byron A. Carlson

17 Jan 2018 Takasago International Corporation, a leader and ...

Homepicture

Comax study highlights consumer attitudes towards yogurt

17 Jan 2018 Comax Flavors has released new primary research ...