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2006-10-12 News Release

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Plastics pails and metal can manufacturing plants to close

A supplier of high quality metal and plastics packaging products will close two manufacturing facilities in North America by year end.

 

As part of the realignment of the company's Metal Food & Household Products, Americas, segment following the acquisition earlier this year of U.S. Can Corp., Ball Corporation will close two manufacturing facilities in North America.

Ball will close a leased facility in Alliance, Ohio, which was one of 10 manufacturing locations in the U.S. acquired from U.S. Can. The plant manufactures plastics pails, primarily for paints and chemicals. Equipment in the facility will be relocated to other Ball plants in Ohio and Georgia.

Find Information and Suppliers of plastic pails.

Ball's Canadian subsidiary will close a metal food can manufacturing plant in Burlington, Ont., which was part of Ball's their can operations prior to the acquisition. The facility produces three piece steel food can bodies and ends, and does metal cutting and coating. Some equipment from the plant will be relocated to other Ball facilities and the remaining items will be sold or scrapped.

The closure of the Alliance plant will be treated as an opening balance sheet item related to the U.S. Can acquisition. Ball will record a fourth quarter after-tax charge of approximately $25 million related to equipment disposal and the Burlington closure.

The employees at the plastics and metals facilities being closed will be paid severance and offered transition services. The Alliance plant has approximately 40 employees and the Burlington plant has approximately 300 employees.

Find Information about Ball Corporation.

Read a recent press release about - Premier packaging provider, Ball Corporation, to present innovative beverage containers for the new hip drinks at Brau Beviale to be held in November in Nuremberg.


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