Beverage canning company Ball Corporation announced the shuttering of two United States plants on Thursday. The closure follows months of consistent decline in the company’s stock price, as well as a more dramatic recent drop on Aug. 4.
Ball’s St. Paul, Minn., and Phoenix, Ariz. aluminum can manufacturing plants will close, Minnesota Public Radio reports. The closure in St. Paul is estimated to affect at least 110 employees at the Michigan manufacturing location.