Additional sales and production capacity provided through acquisitions have enabled Silgan to rationalize plant operations and decrease overhead costs through plant closings and downsizings. In 2006, SLGN announced the closing of two metal food container manufacturing facilities and one plastic container manufacturing facility in connection with its continuing efforts to streamline its plant operations, reduce operating costs and better match supply with geographic demand. These plant closings helped to generate positive cash-on-cash returns beginning in the later part of 2007. This progress in acquisition and consolidation shines a bright light for Silgan's future success in this highly competitive market.
