Packaging company Ball Corporation intends to cease production at its beverage packaging plant in Recklinghausen, Germany by the end of July 2017.
Existing customers will be supplied by other Ball facilities throughout Europe.
“Given the regional market environment, we need to ensure that we remain cost competitive for the long term,” said Colin Gillis, president of Ball Beverage Packaging Europe.
“While closing plants is always difficult, our goal is safeguarding the long-term success of the business for all of our stakeholders, including our 3,900 employees in Europe.”
Originally opened in 1968, the Recklinghausen plant employs around 360 people. The company said it will complete the closure in 'a respectful and socially acceptable way', completing negotiations with the Works Council and working to support affected employees.
Currently, the Ball Corporation and its subsidiaries have a staff of 18,450 people around the world. Its net 2016 sales were $9.1 billion.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Karen Henderson. Click subscribe to sign up to ESM: The European Supermarket Magazine.
