South Carolina-based Sonoco Products Co. (NYSE: SON) says it will close a facility in New Albany. The company makes paper packaging products in the Floyd County city and says 76 employees will be laid off.
Sonoco expects to begin letting workers go in January and operations are slated to end before next September. The company’s notice to the Indiana Department of Workforce Development didn’t provide any further details or reasoning for ceasing New Albany operations.
The company also has facilities in Akron, Edinburgh, Indianapolis and Portland.
The New Albany facility is located adjacent to the Pillsbury plant, which is also slated to close in the middle of next year. In January, General Mills Inc. announced plans to shut down its long-running New Albany facility. That move is expected to affect about 400 employees.