As part of a North American reorganization due to competitive pressures and volatile costs, polyolefin film manufacturer Intertape Polymer Group Inc. will shift work currently done at its plant in Truro, N.S., to a factory in Utah.
The Truro plant will continue to make some products for the Montreal-based company, which manufactures plastic wrapping and tapes for packaging.
"Considering competitive pressures, market conditions and the volatility of input costs, we are continuously reviewing and analyzing all aspects of our operations," president and CEO Greg Yull said in a news release. "The process will be seamless to customers and we do not anticipate any significant impact on our revenues."
The shrink film business in Truro will be transferred to Tremonton, Utah, which will create one facility in North America for this business, the news release said. The shift is expected to be completed in late 2012 and early 2013. Also, a plant in Kentucky will be closed and its production will be shifted to Illinois.
Intertape operates from a total of 19 locations and employs approximately 1,800 people, mostly in North America. It also has one manufacturing plant in Europe and 12 in North America. The company makes a variety of paper and film based pressure-sensitive and water-activated tapes, specialized polyolefin films, woven fabrics and complementary packaging systems for industrial use and retail applications.
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