Ball To Reduce Capacity In US Steel Food Packaging Business

(RTTNews) - Ball Corp. (BLL) said Wednesday that it will cease food can production at the company's Springdale, Arkansas, tinplate food and aerosol packaging manufacturing plant during the fourth quarter of 2017.

The company noted that the Springdale plant will continue to produce and assemble aerosol cans, cut and coat flat sheet steel, and produce components used by other Ball food and aerosol facilities. The plant's affected employees will be provided benefits, including outplacement and severance pay, in accordance with company policies. They also can apply for open positions within Ball.