Europe's RPC Group shuts Italian plant; close-down of Dutch, Czech plants likely

RPC Group Plc, Europe's leading supplier of rigid plastic packaging, has announced to close down its Mozzate-based factory in Northern Italy by June 2009. The company has also initiated a discussion with workforce representatives at Halfweg and Ravenstein in the Netherlands, and Aš in the Czech Republic of a possible shut down. These decisions are part of company's restructuring programme titled "RPC 2010" post-approval its strategic review. The programme calls for a close down or a sell out of a minimum of 8 plants to improve manufacturing footprint and exiting a number of non-core market segments. The plan aims to reach at least an average of 15% return on capital employed (ROCE) across the cycle.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha
Complete Herbert Olbrich cushion vinyl flooring line

Complete Herbert Olbrich cushion vinyl flooring line