date:Aug 18, 2012
is the fourth year of an economic recession and continued economic uncertainty is negatively affecting consumer spending on all kinds of products.
Ball expects to record a total after-tax charge of $30m, for employee severance and benefits and facility shut down costs with the majority expected to be recorded in the third quarter of 2012.
When asked if this would open up opportunities for competitors, he said:These actions are consistent with our focus on creating long-term growth for our com