Bemis Announces Closure of Its Plant in Stow, Ohio
Bemis Co. has announced that it will close its plant in Stow, Ohio, one of its pressure-sensitive materials manufacturing facilities.
The company expects this plant closure to improve its market competitiveness and to better position its Pressure Sensitive Materials business for long-term growth. Management expects to discontinue operations at this location in May 2014. The headquarters of the pressure-sensitive materials business will remain in Stow, Ohio. The manufacturing facility recorded 2013 annual net sales of approximately $45 million. The facility, started in 1959, primarily manufactures solvent-based pressure sensitive materials.
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