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Annual savings run rate targeted at $55 to $60 million.
July 5, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Bemis Company, Inc. announced its planned actions in a restructuring and cost savings program to improve efficiency and profitability that further positions the company for long-term success. “Improving the performance of our U.S. Packaging business is a key priority in creating value for our shareholders,” said William F. Austen, Bemis Company’s president and CEO. “During April, we began a review to align our U.S. manufacturing and administrative cost structures with the demands of our cust...
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