Sonoco to close Irish thermoforming plant

Anthony Clark
PLASTICS & RUBBER WEEKLY

Published: July 4, 2013 11:28 am ET
Updated: July 4, 2013 11:30 am ET

Related to this story

Topics Packaging, Thermoforming

Sonoco Plastics is set to close its thermoformed packaging plant in Carrickmacross, Ireland, as a result of a decline in orders and falling profits. The facility is scheduled to cease operations in November.

Jeff DiPasquale, Sonoco's vice-president and general manager of thermoforming, blamed "shifting market conditions and a financially challenging competitive environment". As a result, the company had made "the difficult decision to consider the shut-down of operations at our Carrickmacross packaging plant.

"This decision in no way reflects on the performance of our Carrickmacross employees who have always provided high levels of commitment, safety, quality and productivity," said Jeff DiPasquale, vice president and general manager, Thermoforming, Sonoco Plastics.

The Hartsville, S.C.-based company said that the Carrickmacross business had been experiencing a loss of volume and profitability for "several years" and this pattern is continuing through 2013, leaving no viable option other than to consider closure of the facility.

Some 50 jobs will be lost if the closure goes ahead.

"In the eventuality that this closure takes place, we are committed to working with each and every Sonoco employee affected by this decision. We would provide eligible employees with competitive severance, outplacement services and support in finding alternate employment," said Sean Cairns, vice-president of rigid paper and plastics operations for Sonoco in Europe.

Sonoco Plastics ranks No. 7 on Plastics News' annual survey of North American thermoformers.


Comments

Sonoco to close Irish thermoforming plant

Anthony Clark
PLASTICS & RUBBER WEEKLY

Published: July 4, 2013 11:28 am ET
Updated: July 4, 2013 11:30 am ET

Post Your Comments


Back to story


More stories

PSB Industries acquires plastic closures specialist

July 31, 2014 3:47 pm ET

French packaging manufacturer PSB Industries has signed an agreement to acquire C+N Packaging Inc., which specializes in plastic closures for...    More

Image

Sainsbury, Schoeller Allibert to recycle food handling crates

July 30, 2014 1:37 pm ET

British retail group Sainsbury's has contracted Dutch recycler Schoeller Allibert BV to reprocess all of its old food crates back into food-grade...    More

Image

Reynolds considering sale of Closure Systems International unit

July 29, 2014 10:32 am ET

Packaging giant Reynolds Group Holdings Ltd. has put its closures business under review.    More

Image

Acquisition expands Rieke Packaging's stake in Asia

July 28, 2014 4:39 pm ET

Diversified rigid packaging components producer Rieke Packaging Systems now has a bigger footprint in Asia.    More

Image

Deal combines US packaging thermoformers

July 28, 2014 12:42 pm ET

Thermoformed medical packager Nelipak Corp. is expanding its North American holdings and access to the U.S. health care market with the purchase of Ph...    More

Market Reports

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events