SONOCO
Potential closure of Irish packaging plant / Possible loss of 49 jobs
US packaging company Sonoco (Hartsville, South Carolina; www.sonoco.com) is considering the closure of its Carrickmacross plant in County Monaghan / Ireland as the business continues to lose volumes and profitability. The facility makes thermo-formed packages for a range of food processors mainly in Ireland and other parts of Europe. “Due to shifting market conditions and a financially challenging competitive environment, we have made the difficult decision to consider the shutdown of operations at our Carrickmacross packaging plant,” said Jeff DiPasquale, vice president and general manager of thermoforming for Sonoco Plastics.

The company anticipates up to 49 employee redundancies and it is now consulting with its workforce on a potential closure this November. Sonoco said the first cut in jobs would occur in October, after when operations at the plant would gradually scale down before completely shuttering on 1 November. If, and until that happens, operations will continue as normal, the company stated.

Sonoco has annualised net sales of about USD 4.8 bn, and employs 19,900 staff at 348 facilities in 35 countries.
03.07.2013 Plasteurope.com [225730-0]
Published on 03.07.2013
Sonoco: Thermoform-Werk in Irland vor dem AusGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 14.10.2024 22:23:51   (Ref: 667196553)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp