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Newsclips.

Publication: Plastics News
Publication Date: 15-SEP-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Newsclips.(Hilex Poly Company L.L.C. plans to shut)(Wilbert Plastic Services Inc. closes its factory)(IML Containers Iowa to build its plant)

Article Excerpt
Hilex shutting down N.C. bag facility

HARTSVILLE, S.C. Hilex Poly Co. LLC on Sept. 11 announced plans to close its Mt. Olive, N.C., plant, in part blaming consumers' growing preference for reusable grocery bags.

Hartsville-based Hilex is operating under Chapter 11 protection from creditors. It voluntarily filed a prepackaged bankruptcy plan on May 6, blaming rising resin costs, competition from Asia and soft demand.

The plant shutdown will affect 160 jobs, although the company said some workers may be transferred to other Hilex operations. In a news release, Ben Mascarello, vice president of operations, said the Mt. Olive...

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