Global Home Products salaried retiree benefit termination approved

By Caroline Salls

Pittsburgh, July 11 - Global Home Products, LLC obtained court approval to terminate retiree benefits for some of its former salaried employees, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, the company will terminate benefits for former salaried employees of its Anchor Hocking CG Operating Co. LLC, Anchor Hocking Operating Co. LLC and the Burnes of Boston division.

Specifically, retiree benefits for the non-union salaried retirees were terminated effective June 30.

The former employees' ongoing health care benefits also were terminated effective July 1, and requests for payment or reimbursement of health care expenses incurred before July 1 will be due Dec. 31.

Global Home Products is a Westerville, Ohio-based designer, marketer and manufacturer of branded consumer and specialty products to retail and hospitality customers and original equipment manufacturers. The company filed for bankruptcy on April 10, 2006. Its Chapter 11 case number is 06-10430.

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