Investment firms combine two plastic lumber companies, on the hunt for more
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Packaging giant Berry Global eyeing possible expansion in Evansville, Indiana HQ
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Illinois company acquired Lakeville-based Imperial Plastics in 2020. Commercial Plastics website
Illinois-based Commercial Plastics Co. notified the state of Minnesota on Wednesday that it will close its Lakeville manufacturing facility at the end of April. The move means 122 Commercial Plastics employees are losing their jobs.
The company’s letter to the state noted, “The entire facility will be closed and all employees at the facility will be impacted. This closure is expected to be permanent. Employees will be separated on a rolling basis beginning in mid-February 2021.”
Employees were notified of the decision on December 16. None of the employees are represented by a union.