» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
TDN Services
Research millions of people and properties [+]
Monitor any person, property or company [+]

Skip Navigation LinksHome >
VOL. 128 | NO. 195 | Monday, October 7, 2013

Olive Branch Factory to Close, Laying Off 100

AP

Print | Front Page | Email this story | Comments ()

OLIVE BRANCH, Miss. (AP) Closure Systems International Inc. will shutter its Olive Branch factory in December, laying off 100 people.

Human Resources Director Jeanette Vaughn said Monday the factory will close Dec. 9.

Officials at the DeSoto County plant are referring further comment to the company's headquarters near Indianapolis, which is not immediately responding.

The company makes bottle tops at the plant, which has operated since 1985. It had about 150 employees in 2007.

The factory was initially opened by Alcoa Inc., but that company sold the unit in 2008 to New Zealand's Rank Group for $2.7 billion.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 55 190 836
MORTGAGES 70 240 986
FORECLOSURE NOTICES 24 67 202
BUILDING PERMITS 180 470 2,128
BANKRUPTCIES 62 167 569
BUSINESS LICENSES 43 131 431
UTILITY CONNECTIONS 24 79 259
MARRIAGE LICENSES 13 37 118