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Momentive Inc. plans temporary layoffs for 150
Tyler Star News ^ | 11/9/12

Posted on 11/09/2012 12:50:28 AM PST by My Favorite Headache

About 150 workers at Sistersville's Momentive Performance Materials plant will be temporarily laid off later this month, officials said this week.

Citing a reduction in customer demand and a weak economy, the company will lay off workers for a two week period beginning Nov. 12 and ending Nov. 25, with workers returning to the job Nov. 26. According to John Scharf, spokesperson for Momentive Performance Materials Inc., temporary layoffs due to reduced demand are commonplace in manufacturing.

"There are slow downs like this at various times, where we don't receive many orders as other times of the year," he said. "The last time we had a layoff like this was 1975, but it was a different company back then."

Momentive employs 410 salaried and hourly workers at the plant, which produces silicon-based products that are then used by various industries, including automotive, health care and electronics. Scharf said demand is low from some of the largest users of Momentive's products, mainly in automotive, residential construction, textiles and furniture.

"We're always looking at what we can do and evaluating our business conditions to remain competitive, and that is a key component of any effective business plan," he said.

Scharf said a number of factors determined which workers would be laid off, starting with the mandated safety and compliance standards. Additionally, the company's agreement with the worker's union, as well as what areas the decreased demand effect most, are taken into consideration, Scharf said.

Some systems at the plant will continue to work during the layoff period, while others will be idled. Scharf said special benefits will be made available to assist employees affected by the layoff, including income extension aid as well as government-provided unemployment funds and continued medical and dental benefits for employees and their dependents. Scharf said as of now, Momentive is not considering making more permanent layoffs.

TOPICS: Business/Economy; News/Current Events; US: West Virginia
KEYWORDS: jobs; layoffs; obamasizing

1 posted on 11/09/2012 12:50:31 AM PST by My Favorite Headache
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To: My Favorite Headache

A steady drumbeat of this is needed by conservatives. Public needs to see the actual pain caused by their stupid votes.

2 posted on 11/09/2012 12:53:54 AM PST by TigerClaws
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To: My Favorite Headache

Yeah, it’ll be temporary.

For the next 4 years.

They’ll all be able to come back to work around 2016-2017. That’s assuming the American voter doesn’t make the same mistake a third time over.

3 posted on 11/09/2012 1:14:44 AM PST by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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To: lowbridge

We are totally going Galt. No restaurants, no club memberships, no big-ticket purchases.

For taxes, we will donate to some charity rather than pay.

The left has made their bed of nails and fiscal disaster, let’s see them sleep in it.

4 posted on 11/09/2012 3:32:44 AM PST by Huebolt (United Socialist States of Amerika. Thank you I.N.S. (Immigration - National Suicide))
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To: My Favorite Headache

Thanks for all your lay-off posts. Looks brutal.

5 posted on 11/09/2012 4:07:22 AM PST by w4women (A claim for equality of material position can be met only by a government with totalitarian powers.)
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To: TigerClaws
Public needs to see the actual pain caused by their stupid votes.

As the evil one said, "We've come too far to turn back now."

Oh really? When the people feel the pain, they will turn it back as they should have done when the voted. The people will be begging God for relief within a year, I predict.

6 posted on 11/09/2012 5:42:19 AM PST by Rapscallion ( OBAMA: You own it now.)
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