March 10: North American manufacturer of general line metal and plastics packaging BWAY Holding Co plans to close its Franklin Park, Illinois, canmaking services plant.
Chief executive Kenneth Roessler said: “While this is a difficult decision given the employee impact, plant rationalizations are a key component of BWAY’s productivity improvement initiatives.
“Our metal packaging markets are mature, and as we continue to improve productivity within our plants we simply do not need as many operating facilities. This rationalization initiative is being taken to enhance the company’s longer-term cost position.”
