Aug 1 2008
Rexam, a global leader in consumer packaging ad the largest beverage can maker in the world, today announced the closure of its Forest Park, Georgia, beverage can manufacturing plant. The company is also shutting an additional 12 oz. line at its Longview, Texas, plant. These moves are part of the company's efforts to address 12 oz. overcapacity in the US beverage can market.
The Forest Park plant closure is currently scheduled for the fourth quarter of this year. The plant, which began operation in 1958, employs about 100 people and manufactures 12 oz. beverage cans. As Longview shuts its only 12 oz. line, the plant will now focus on 24 oz. can production across two manufacturing lines.
Employees in Forest Park affected by the plant closure will receive a competitive severance package and will be provided outplacement assistance.
These facilities are part of Rexam's beverage can business in North America, which consists of 17 plants and more than 2,000 people.
"The 12 oz. can market has steadily declined due to a number of economic conditions and consumer trends," said Harry Barto, president and CEO, Rexam Beverage can North America. "With these moves, we are doing our part in balancing capacity with demand, while further improving utilization of our existing operations and continuing our focus on delivering world-class quality products and services to customers.
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