The global industrial packaging solutions company, Greif, has announced the definitive closure of its steel drum and polymer container manufacturing plant located in Merced, California. The closure, scheduled for September 2025, is part of a broader strategy to optimize operations and reduce costs.
According to the company, the closure will affect approximately 43 jobs. The facility produced both steel drums and polymer containers of various sizes, and its functions will be taken over by the rest of Greif’s global network.
The firm’s president and CEO, Ole Rosgaard, called the decision “difficult” and publicly thanked the Merced team for their dedication, emphasizing their contribution to the company and the local community. He also noted that the company will offer severance packages and job placement support to the affected employees.
This move is part of Greif’s commitment to save $100 million in operating costs, and responds to a strategic approach to strengthen its presence in key markets, while improving the performance of its production network and business portfolio.
Rosgaard reiterated his confidence in the long-term potential of the steel and polymer business, emphasizing that this decision is aimed at improving efficiency and consolidating positions.
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