01/14/2010

PIE - News-Ticker on Plasteurope.com

Rexam: Restructuring in the US continues

Continuing on its track of restructuring activities in North America, consumer packaging specialist Rexam (London / UK; www.rexam.com) has sold a personal care injection moulding business in Sussex, Wisconsin / USA to a group led by its existing management. The terms of the deal have not been disclosed.


The group also announced that it will close its site in Nashua, New Hampshire / USA, which produces injection blow moulded products for the healthcare market. The plant will shut its doors in the fourth quarter of 2010 with the loss of some 100 jobs.

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