Industry News

Ball to permanently close aluminum beverage can plant in St. Paul

Views : 352
Update time : 2022-12-13 17:05:28
Ball Corporation, a provider of metal packaging in the US, announced it will permanently close its aluminum beverage can plant in St. Paul, Minnesota, and lay off around 98 workers, saying that the plant closure and layoffs were due to inflation and decreased customers' demand.

The plant’s closure and workforce elimination were expected to start on February 8, 2023.

According to a report, during the three and nine months ending September 30, Ball had a loss of US$34 million owing to employee severances, depreciation, and downtime costs of this planned closure.
Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern