Am I Next? Amcor Rigid Plastics Restructuring, Layoffs, Plant Closures

Amcor, the Australia-based global packaging company with headquarters in Zurich, Switzerland has announced that they will be closing its Jefferson City, Missouri plant and laying off 72 employees.

The reason given for the closure is the loss of a key regional customer. Amcor Rigid Plastics bought the plant in November 2016 as part of a $280 million purchase from Sonoco Products Company which included seven manufacturing plants and their packaging operations. The plant makes hard plastic containers for food, beverage, pharmaceutical and personal care industries.  

Amcor is also in the process of closing their Batavia, Illinois plant with approximately 110 layoffs. 

Other operations will be impacted as the organization re-structures to incorporate all of its acquisitions, reduce or eliminate redundancies, and improve its logistical stance between its facilities and its customers.

Are you asking yourself, Am I Next?