Tetra Pak shutters packaging material production facility
The closure displaced 300 workers.
Tetra Pak has announced the closure of its packaging material production facility in Jurong, Singapore, consolidating its operations with other factories in the region.
The company will retain its core operational functions in the country, including business management, human resources, project centres, IT, and marketing, amidst the closure.
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Three hundred of the affected employees have been notified by Tetra Pak and will be supported via outplacement and other schemes. The transition is set to occur in the next 12 months.
The company’s decision was said to be based on its efforts to optimise its manufacturing footprint, enhance customer service, and respond to evolving market dynamics.
Tetra will relocate its new corporate facility to a new Singapore location by the end of the year.