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

Image

Investment firm buys Ontario cap molder

October 23, 2014 2:01 pm ET

A company whose varied interests include food and refrigerated transportation businesses is now moving into plastic caps.    More

Image

Bemis reports record quarterly profit

October 23, 2014 1:06 pm ET

Bemis Company Inc. saw record per-share earnings from continuing operations during the third quarter, but charges associated with the divestiture of...    More

Image

Packaging specialist Amcor hits sustainability goals ahead of schedule

October 23, 2014 11:15 am ET

Global packaging company Amcor Ltd. has achieved its waste reduction goals two years ahead of schedule, according to the company's new sustainability ...    More

Image

Simple lightweighting in packaging, caps not so simple anymore

October 22, 2014 4:16 pm ET

The days of finding simple ways to remove additional weight — and costs — from plastic bottles are over, according to one expert.    More

Image

Unilever uses foaming in new bottle

October 22, 2014 1:35 pm ET

Foaming is a good alternative to thin-walling for reducing plastic use in consumer goods packaging, according to a Unilever plastics expert.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events