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Rexam closes US plant, line to offset declining bevcan demand

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August 4, 2008 - Rexam plc, London, UK, closes beverage can manufacturing facility in Forest Park, GA, idles 12-ounce (oz.) can line at plant in Longview, TX, to address overcapacity in US market. Scheduled for 4Q08, Forest Park closure affects approximately 100 employees, who will receive outplacement assistance, severance package. “The 12-oz. can market has steadily declined due to a number of economic conditions and consumer trends,” says Harry Barto, president/ceo of Rexam Beverage Can North America. “With these moves we are doing our part in balancing capacity with demand, while further improving utilization of our existing operations…” Longview plant’s two remaining lines produce 24-oz. cans.
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