Owens-Illinois has finalised plans to cease production at its Atlanta, Georgia plant.
The closure is expected to occur on or after 18 July, 2018.
O-I intends to facilitate the closure in a respectful manner for the approximately 250 people impacted at the plant.
Current customers of the plant will be served by other domestic plants in the O-I network.
According to a company statement, O-I remains strongly focused on optimising the overall efficiency of, and investments in, its regional plant network.
The required capital outlay for the Atlanta operations and continued decline of beer in the domestic market influenced the decision to close the plant.
O-I's supply-demand profile in the US will be roughly balanced after this closure.
In the US, the company continues to generate solid, above-market volume growth in non-megabeer, most pronounced in spirits, wine, food and non-alcoholic beverages, due to enhanced commercial capabilities and conversion of manufacturing capacity in favor of non-beer products. For instance, O-I has continued success in growing premium categories, such as kombucha, yoghurt, and sauces.
