Friday, January 26, 2007

Sonoco plant closings to hit 50 in Chicago

Sonoco Products Co., a packaging company, will close 12 facilities next year, including two Chicago injection molded plastics plants next month.

Effective Jan. 31, the two plants are being shuttered, in a cost-cutting move that also will result in 10 other facilities being closed, Sonoco said Monday in a news release.

The Chicago injection molded plastics plants have about 50 employees combined and produce plumbing-related plastic components. Sonoco will offer outplacement services and severance to all employees affected by the closing.