Hilex Poly closing Accutech Films plant in Ohio

Rachel Abbey McCafferty
CRAIN'S CLEVELAND BUSINESS

Published: October 14, 2013 6:00 am ET

Related to this story

Topics Packaging, Mergers & Acquisitions, Film & Sheet, Extrusion

Hilex Poly Co. LLC, a South Carolina-based maker and recycler of plastic bags and films, will be closing a plant in Elyria, Ohio, and letting 48 employees go.

In a letter to the Ohio Department of Job and Family Services, Hartsville, S.C.-based Hilex Poly said it would begin laying off employees on Oct. 1. Employees would be placed on administrative leave and receive wages, benefits and holidays until Nov. 29.

The entire plant is expected to close. Hilex Poly identifies the plant as an Accutech Film plant in the letter. Accutech Films Inc. was one of three companies Hilex Poly acquired from Clondalkin Group in April, according to a news release. Accutech Films also has a location in Coldwater, Ohio.

The company notes that job losses are expected to be permanent. Employees are not represented by a union and do not have bumping rights. The majority of the employees are converting or extrusion operators.

The letter did not give a reason for the closure, and messages left for the company were not immediately returned.


Comments

Hilex Poly closing Accutech Films plant in Ohio

Rachel Abbey McCafferty
CRAIN'S CLEVELAND BUSINESS

Published: October 14, 2013 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Ferro sells another piece of its plastics business

December 19, 2014 3:33 pm ET

Ferro Corp. has sold its North American polymer additives business to a private equity firm for $154 million in cash.    More

Image

Alex Brands buys iconic Shrinky Dinks toys

December 19, 2014 3:15 pm ET

First Slinky, now Shrinky Dinks. What will toy and games investment firm Alex Brands buy next?    More

Image

Thailand's SCG Chemicals buying Norwegian chemical firm Norner

December 19, 2014 9:11 am ET

Thailand's SCG Chemicals Co. Ltd. has announced it has acquired 51 percent of the shares in the independent petrochemical company Norner Holding AS...    More

Image

BASF to sell its share in Singapore JV

December 19, 2014 8:37 am ET

BASF SE has announced that it has reached an agreement for it to sell its share in the 50-50 joint venture ELLBA Eastern, at Jurong Island, Singapore ...    More

Image

Amcor buys Chinese flexible packaging plant

December 18, 2014 1:47 pm ET

Australian-based global packaging company Amcor Ltd. is buying a Chinese flexible packaging business for 211 million RMB (US$31.4 million).    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events