Plastic bag maker to shut down Mt
Hilex, based in South Carolina, says it’s the world’s largest plastic bag company. In a statement, the company said the move to shut down the Mt. Olive plant is a response to lower dem fake rolex and for plastic bags as consumers turn more to reusable bags for their groceries.
“We have seen a significant shift in demand toward our reusable bag products, and we exp fake rolex ect that product line to maintain a meaningful share of the grocery and retail markets,” Vice President of Operations Ben Mascarello said in a statement.
Workers are set to be laid off in November, according to documents filed with the state. A company representative did not immediately return a call seeking comment.
Hilex Poly Co. filed for bankruptcy protection in May, citing a nee fake rolex d to reorganize its debt in the face of tight credit markets. In July, the company emerged from bankruptcy after getting financial backing from Genera fake rolex l Electric’s corporate capital arm.