Industry News

Tyco to close Minnesota film manufacturing plant

Published on 2003-12-22. Author : SpecialChem


Tyco Plastics and Adhesives is shutting down a plastic film production facility and laying off about 97 employees, according to published reports. The plant is scheduled to close on Feb. 6, according to the St. Paul Pioneer Press. One sales employee will be retained.

The plant shutdown comes as the $29 billion global manufacturer eliminates 7,200 jobs around the world in an ongoing restructuring. The company is consolidating 219 manufacturing, sales and other facilities -- 30 of which are in Tyco Plastics & Adhesives, the report said.

The Fairmont plant produced custom plastic film used for a variety of packaging for food products and other merchandise. The company said the closure was necessary due to excess capacity for film products.

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