Sonoco Products Co. will close an injection molding plant in Frankfort, Ind., by the end of March as part of its ongoing cost-reduction effort.
The Hartsville-based company will start winding down operations at the plant early next year and transfer injection molding equipment to facilities in Detroit; Chatham, N.Y.; Forest City, N.C.; and Union, S.C., Sonoco Vice President Allan Cecil said Oct. 10. About 90 people will be laid off when the plant closes, although some will be offered jobs at other molding facilities.
The plant molds reels for wire and cabling and water-filtration systems for Sonoco's molded and extruded products unit. That unit has 17 plants in North America and Europe, Cecil said.
Sonoco said in July that it would close 15-20 plants as part of a plan to reduce $60 million in costs.
More closings are expected to be announced later this year and early in 2004, Cecil said.
The packaging firm said in August that it would close a film conversion site in Fulton, N.Y., the first of its planned facility shutdowns.
The Frankfort plant has been in operation since 1972.