Silgan Holdings closed seven plants and plans another in Europe as part of a cost-cutting initiative completed in 2025, its annual report says.
Norwalk-based Silgan Holdings Inc. closed seven manufacturing facilities and announced plans to shutter another in Europe as part of a multi-year cost-cutting and efficiency initiative completed in 2025, according to its latest annual report.
The packaging manufacturer said the effort, which included consolidating operations and shifting production, generated about $50 million in savings over two years.
The company manufactures metal and plastic packaging — including food cans, containers and dispensing systems — for major consumer goods companies in sectors such as food, beverage, personal care and household products.
The facility closures spanned multiple business lines, including dispensing and specialty closures, metal containers and custom containers, with production shifted to other sites.
Silgan, which employs about 17,000 people globally and operates 121 manufacturing facilities across 25 countries, continues to rely on acquisitions to drive growth.
The company said it fully integrated its 2024 acquisition of Weener Packaging — a producer of dispensing systems with roughly 4,000 employees — within a year, expanding its presence in higher-margin markets such as personal care and health products.
In 2025, Silgan reported record net sales of about $6.5 billion, up 10.7% from 2024, and profits of $288.4 million, up 4.4% from a year earlier.
