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.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info