Ball Intends to Cease Production at its Beverage Packaging Facilities in Recklinghausen, Germany
Ball Corporation (NYSE: BLL) announced today that it intends to cease production at the company's Recklinghausen, Germany, facilities at the end of July 2017 and only after due negotiation and agreement with the Works Council. Customers currently supported by the Recklinghausen beverage container and end plants will be supplied by other Ball facilities in Europe.
"Given the regional market environment, we need to ensure that we remain cost competitive for the long term," said Colin Gillis, President, Ball Beverage Packaging Europe. "While closing plants is always difficult, our goal is safeguarding the long-term success of the business for all of our stakeholders, including our 3,900 employees in Europe."
The Recklinghausen site opened in 1968. The beverage can and end facilities employ approximately 360 people. Ball intends to carry out the proposed closure in a respectful and socially acceptable way, and to support employees through various measures.
About Ball Corporation
Ball Corporation supplies innovative, sustainable packaging solutions for beverage, food and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 18,450 people worldwide and 2016 net sales were $9.1 billion. For more information, visit www.ball.com, or connect with us on Facebook or Twitter.
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