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Evergreen closing RPET plants in Ohio, New York
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Evergreen closing RPET plants in Ohio, New York
Recycled PET company Evergreen Recycling is closing its operations in Clyde, Ohio, and Albany, New York, laying off 165 people. According to local media, the company’s Feb. 24 Worker Adjustment and Retraining Notification (WARN) filing in Ohio said a revolving credit lender had “unexpectedly swept all of the Company’s cash” on Feb. 13, even as Evergreen was in talks with several potential buyers. Then on Feb. 17 the lender told Evergreen it int…
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