Bottle top plant to stop after nearly 30 years; 100 laid off
by Associated Press
Published: October 7,2013
Tags: Alcoa Inc., bottle top, cap, City of Olive Branch, close, Closing, Closure Systems International Inc., employee, employer, factory, layoff, manufacture, manufacturer, manufacturing, plant, Rank Group, unemploymentm job
OLIVE BRANCH — Closure Systems International Inc. will shutter its Olive Branch factory in December, laying off 100 people.
Human resources director Jeanette Vaughn said today the factory will close Dec. 9.
Officials at the DeSoto County plant are referring further comment to the company’s headquarters near Indianapolis, which is not immediately responding.
The company makes bottle tops at the plant, which has operated since 1985. It had about 150 employees in 2007.
The factory was initially opened by Alcoa Inc., but that company sold the unit in 2008 to New Zealand’s Rank Group for $2.7 billion.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Panther Creek megasite — Putting a value proposition out there
- BBB issues warning involving asphalt paving scam
- Prescription for success — Transcript Pharmacy continues fast growth
- Study: Mississippi has highest sales tax rate in U.S.
- Panther Creek's location in medical industry zone boosts bio-med prospects
- Mississippi State makes NSF ranking of research universities
- TVA president/CEO Johnson tours Techumseh, Yokohama plants
- Sawtimber, pulpwood markets improving, but challenges remain
- News The Way You Want It!
- Chris McDaniel responds to radio show audio clip