Following a review of the changing demands of its customers and markets, Amcor Tobacco Packaging has determined that there is an overcapacity in gravure printing across Western Europe. In order to rebalance its own supply and demand, Amcor has announced plans to close its operation in Neumunster, Germany.
Amcor expects the closure process to take place over the course of four months with final closure anticipated on or before December 31, 2014. Production will be transferred to other Amcor Tobacco Packaging sites across Western Europe. As operations are scaled down, the first priority is, as always, the safety of those on site. Throughout the closure process, Amcor will continue to provide the best quality and service to customers.
While Amcor Tobacco Packaging is consolidating capacity in Western Europe, it is also actively supporting growth of its customers in emerging growth markets. Today, Amcor announced plans to build a new tobacco packaging plant in Indonesia, the third largest tobacco market in the world and the second largest market in Asia. The production facility is expected to be fully operational in East Java by late 2015.
Amcor Tobacco Packaging employs more than 4,000 co-workers across 23 plants and 19 countries, spanning Western and Eastern Europe, North America, Latin America and Asia. The business is headquartered in Zurich, Switzerland.
