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.

More news on Plasteurope.com...