Sector News

Avery Dennison cutting 225 jobs in N.C.

April 27, 2015
Chemical Value Chain
Avery Dennison Corp. (NYSE: AVY), a Glendale, California-based maker of labels, packaging materials and other products, plans to cut 225 jobs in North Carolina.
 
The company will cut 143 positions in Lenoir and 82 employees in Greensboro, according to a Worker Adjustment and Retraining Notification, or WARN notice, filed with the N.C. Department of Commerce.
 
The company is ending manufacturing operations in both locations and moving production to Juarez, Mexico, and to Honduras, said Joy Seusing, vice president of communications for Avery Dennison. The transition is expected to be completed by mid-2016.
 
“We are always seeking ways to achieve further efficiency across our locations and these decisions will help us streamline activities and remain competitive in today’s market,” she told the Triad Business Journal, a sister publication of the Triangle Business Journal.
 
The Greensboro facility, at 2025 16th St., will continue to house a commercial and sales team, meaning about 80 employees will remain, Seusing said. The company doesn’t yet have specific plans for the space that will be vacated when manufacturing ceases.
 
No employees will remain at the Lenoir site.
 
The firm’s products include pressure-sensitive labeling materials, graphics imaging media and retail apparel ticketing and branding systems. Avery Dennison states on its website that it operates more than 175 manufacturing and distribution facilities.
 
With locations in more than 50 countries, the company reported sales from continuing operations of $6.3 billion in 2014.
 
By James Ritchie
 

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