Twist cap maker announces layoffs as California's wine industry struggles
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Set us as preferred A California wine cap maker is laying off more than 60 employees at a Modesto facility.The company, G3 Enterprises, said the challenges faced by the broader wine industry — declining consumer demand, inflation, rising expenses and increased competition — prompted the cuts.“Like many companies in our industry, we have experienced changes in customer purchasing patterns and production volumes,” Laura Bream, the company’s vice president of human resources, said in a statement.“While these changes have contributed to the need for restructuring, they reflect broader market dynamics affecting the entire wine sector.”In total, 66 workers at the site, most of whom work in closure operations, will be laid off between Oct.
6 and Dec.31, according to the Worker Adjustment and Retraining Notification letter the company filed with the state last week.
The company expects the layoffs to be permanent, according to the letter.Bream said the Modesto facility, which finishes and manufactures several types of beverage closures, will remain in operation.The planned layoffs are only for jobs related to wine screw caps, she said.
The facility plans to continue making other types of screw caps, capsule and Diam cork closures.Business With wine consumption down, major California wine companies are laying off workers and shuttering production facilities.The Modesto Bee first reported on the layoffs.
G3 Enterprises’ website boasts that it has more than 2,000 customers across the food, beverage and real estate industries; under that, it prominently features the logos of Gallo, the vodka seltzer brand High Noon, and New Amsterdam Vodka.Gallo owns both High Noon and New Amsterdam Vodka.G3 Enterprises was formed in 2003 following the merger of a trucking company, an aluminum closure maker, an agricultural transport company and a label printing company, according to the company website.
The “G3” in ...