Ball to consolidate North American food & household products packaging production services
Ball Corporation (ball.com) will cease production at the company's Weirton, West Virginia, flat sheet production and end-making plant by the first quarter of 2017. The plant's capacity will be supplied by other Ball facilities.
Ball expects to record a total after-tax charge of approximately $21 million, primarily for employee severance and benefits, facility shut down costs, and asset impairment and disposal costs. The majority of the charge is expected to be recorded during the remainder of 2016.