
Related topics: Financial
Rexam said that it is to make further reductions in its 12oz beverage can making operations in the US to address overcapacity in that market.
In July this year, the global packaging supplier announced the closure of its plants in Georgia and Texas, resulting in an annual capacity reduction of 1.9 billion cans.
As announced at that time, the company has continued to review its US capacity with regard to the 12oz beverage cans for carbonated soft drinks and has now decided to shut its plant in Oklahoma City, which makes about 1.2 billion 12oz cans a year.
According to the manufacturer, there will be no impact on its ability to meet current customer requirements, as it said that supply will continue from other Rexam plants within the US.
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