NEWS HIGHLIGHT
Myers to close three operations
As part of the previously announced
strategic initiatives and manufacturing optimization program for its
Lawn and Garden Segment, Myers Industries, Inc. is realigning certain
of its manufacturing assets. This will result in the closure of three
facilities and reallocation of production to other Myers facilities.
As part of the previously announced strategic initiatives and manufacturing optimization program for its Lawn and Garden Segment, Myers Industries, Inc. is realigning certain of its manufacturing assets. This will result in the closure of three facilities and reallocation of production to other Myers facilities.
Facilities being closed include:
• In Sparks, Nevada, a production facility that produces nursery containers and other horticultural products. This closure is expected to be completed by March 2009.
• In Surrey, British Columbia, a production facility that produces decorative resin planters and nursery containers. This closure is expected to be completed by July 2009.
• In Brantford, Ontario, the smaller of two Dekka Resins plastics recycling operations will be closed, and capacity will be reduced at ITML. These actions are expected to be fully completed by March 2009.
These actions are expected to result in a reduction of approximately 200 positions, in addition to the nearly 200 positions eliminated in 2008 across all Lawn and Garden Segment operations. Production from the affected facilities will be transferred among the segment’s five remaining manufacturing locations, strategically positioned to serve the North American marketplace with the best structure, efficiency and product selection in the industry.
“After a thorough review, it was determined that this realignment will strengthen the competitive position of our lawn and garden brands by consolidating to strategic locations where we can fully utilize our high-speed molding capacity, reduce operating costs and achieve greater customer service efficiency,” said president and CEO John C. Orr. “The decision to close any facility is extremely difficult, and we are mindful of the impact on employees, their families and the communities in which we operate. Unfortunately, due to the weakened economy and changes in the lawn and garden market, these tough actions are necessary.”
• www.myersind.com
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