Don't Just Read the News, Understand It.
Published loading...Updated

Alpek Closing Plastic Facility in Fayetteville - Business North Carolina

Summary by Business North Carolina
Alpek Polyester will shut down its plastic resin operations in Fayetteville at the end of July, resulting in the loss of 180 jobs, according to a Worker Adjustment and Retraining Notification (WARN) filed with the state. Alpek Polyester acquired the site in 2001 and says the decision was made in an effort to reduce costs. The Mexico-based company, which has corporate offices in Charlotte and Wilmington, says shutting down production operations i…

2 Articles

All
Left
Center
Right
1
Lean Right

Alpek announced the strategic decision to suspend operations at the Cedar Creek plant, located in Fayetteville, North Carolina, on July 31.The plant in question was acquired by Alpek in 2001 and has an installed capacity of 170 thousand tons of PET resin and a production of approximately 35 thousand tons of recycled PET leaflets.The company detailed that this decision is aligned with its long-term strategy to optimize its global presence and foc…

·Mexico
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

El Financiero broke the news in Mexico on Monday, June 2, 2025.
Sources are mostly out of (0)