Anchor Glass Closes PA Plant

Decision goes along with company's announced restructuring plan.

Anchor Glass Container Corp. announced that it has decided to close its Connellsville, Pa., facility. The facility primarily produced beverage and beer glass containers. Production was terminated effective as of the close of business on November 4. The company expects to complete plant closure activities at Connellsville within twelve months.

 

The Board made this decision taking into consideration the excess supply conditions currently prevailing in the glass container industry and the company's analysis of the economics of each Anchor Glass facility.

 

Darrin Campbell, CEO of Anchor Glass, stated, "This was a very difficult decision, particularly considering the dedication, talent and hard work of the Connellsville employees. However, our recently completed analysis of Anchor Glass' existing capacity given the current industry environment indicated that this plant's economics could not be improved materially."

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