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RESTRUCTURING INITIATIVES
12 Months Ended
Dec. 31, 2015
RESTRUCTURING INITIATIVES  
RESTRUCTURING INITIATIVES

NOTE 20 RESTRUCTURING INITIATIVES

In November 2012, the Company announced a plan to optimize certain capacity in Europe. Due to increased production efficiencies and to better position the Company for future growth in Europe, AptarGroup transferred and consolidated production capacity involving twelve facilities. Two facilities have closed impacting approximately 170 employees. The locations involved in the plan are facilities serving the beauty, personal care, food, beverage, and consumer health care markets. During 2013, the Company recognized approximately $14.6 million of expense related to the plan, of which $2.7 million was accelerated depreciation.  For presentation purposes, the accelerated depreciation related to this plan is reported in Depreciation and amortization within the Consolidated Statements of Income.  As of December 31, 2013, the plan was substantially complete. The cumulative expense incurred was $19.5 million.