Posted on 11/29/2012 9:32:03 PM PST by 2ndDivisionVet
EDEN, N.C. — KDH Defense Systems in Eden will lay off up to 280 employees in January.
President & CEO Dave Herbener said employees were sent a notice warning of the layoffs.
Herbener said most of the positions affected are in the production and administrative departments.
When asked if the company was doing well in business, Herbener said “the company is healthy.” However, two military contacts will soon be ending, leaving a gap in production for the first part of next year.
Herbener said their law enforcement contracts are growing and if more “opportunities become available,” those same employees could be called back to work. However, at this point it’s “not likely.”
Depending on the year of employment, Herbener said some would receive bonuses and severance pay...
(Excerpt) Read more at myfox8.com ...
bump
I would love to stock up on body armor, even if its old generation stuff.
Saw Red Dawn, didn’t like it as much as the first, they should have had better gear and body armor would be on my list.
Zombies hate body armor.
Zombies hate secessionists wearing body armor.
Zombies really hate secessionists AND birthers who have body armor, ammunition and are also..
(drum roll)
PREPPERS!
All military/aerospace companies have been working to reposition as the wars wind down. Most have a commercial side to their business like this that can absorb some but not all of their people.
I have clients in Eden. The town has already been hard hit by the economy. Good people, pretty country. Hopefully this company will find other contracts.
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