Rexam to close Plastic Packaging manufacturing facility in Nashua, N.H., further aligning operations

Rexam announced the closure of its Nashua, N.H., plastic packaging manufacturing plant. The closure will occur in the fourth quarter of 2010.

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The closure will occur in the fourth quarter of 2010. The move further aligns the company's manufacturing capabilities, improves overall asset utilization and helps balance industry capacity and demand.

The plant, which began operations in 1974, employs approximately 100 people and manufactures injection blow molded products for the healthcare market. The plant's production will be absorbed by other Rexam facilities without interruption in customer shipments.

All employees affected by the plant closure will receive outplacement assistance.

This facility is part of Rexam's global plastics business which operates more than 45 plants and employs approximately 15,000 people around the world, serving the healthcare, closures and personal care markets.

"This is part of our strategy to deliver operational excellence and align our manufacturing capabilities across our global plastics business," said Graham Chipchase, Chief Executive Designate, Rexam. "It will allow us to improve the overall utilization of our existing operations, further balance capacity and demand and continue our focus on delivering world-class quality products and services to customers."
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