Exopack to Close Seymour, Indiana Facility
The plant manufactures consumer multiwall flexible packaging products for Exopack.
After close rationalization of current capacity for multiwall packaging, the company made the decision to close the facility and consolidate its consumer multiwall packaging operations into their plants in Spartanburg, S.C., Tifton, Ga., and Sibley, Iowa.
The final transition of equipment and business from to these three sites is scheduled for completion in 60 days.
“This decision was very difficult to make and was only made after close examination of all possible options,” says Chris Ragot, Exopack’s CEO. “The market for consumer multiwall packaging is experiencing an excess in capacity. This consolidation will allow Exopack to remain a competitive participant in this market.”
The closure of will result in the elimination of more than 100 jobs at this facility.