Keyword: plantclosings
-
The Brayton Point Power Station, the largest coal-fired power plant in New England, is shutting down amid a prolonged slump in energy prices that is forcing power operators nationally to rejigger their budgets and seek out more affordable production strategies. The closure will result in 240 job losses at the Somerset, Mass.-based facility. Its owner, an affiliate of New Jersey-based private equity firm Energy Capital Partners, said in a statement that steps would be taken to mitigate the effects of the job cuts for Brayton Point’s former workers....
-
Dow Chemical (IW 500/22) said Tuesday it planned to cut 5% of its global workforce, or 2,400 people, and shut 20 plants in an effort to slash costs as the global economy slows. Dow said it aimed to generate $500 million in savings on annual operating costs from the cuts by the end of 2014. The company will also cut capital investment on programs it no longer sees as priorities, for another $50 million in savings, it said. Two U.S. Plants will Close The shuttered facilities will include plants in Tessenderlo, Belgium; Delfzijl, the Netherlands; Ribaforada, Spain; Birch Vale, UK;...
-
<p>Among the number of plant closings announced in the United States this week: A printing plant in Greenburg, Ind., costing 220 jobs; a tomato processing plant in Westover, Md., with 103 people fired; an office-supply facility in Mattoon, Ill., with 129 jobs lost.</p>
-
UAW Sells Out Members, Holds On To Black Lake Resort By Edward Niedermeyer on August 19, 2010 Since taking office in June, UAW President Bob King has ramped up the rhetoric level at Solidarity Hall considerably, as he seeks to portray the union as a defender of the American middle class. But, as the old adage goes, actions speak louder than words… and King’s actions this week couldn’t paint a clearer picture of the UAW’s priorities. On Tuesday GM announced that it would close its Indianapolis stamping plant next year, after workers there voted against a UAW-sponsored contract that would...
-
Toyota Motor Corp. announced Thursday that it plans to end production in March 2010 at the Fremont, Calif., plant it has run with General Motors Co.
-
By DEBBIE BLOSSOM, NewsOK.com Published: 1/24/2009 9:16 AM Last Modified: 1/24/2009 9:16 AM ROLAND — A manufacturing facility in Roland will be shut down in the next few months, leaving 220 people without jobs in this small Sequoyah County community. Ohio-based Therma-Tru Corp., which designs and produces residential fiberglass and steel exterior door systems, announced Thursday it would phase down production and ultimately close the Roland plant, effective Sept. 30. The majority of workers will be out of a job by the end of March, and most production will end by the end of June. A core team of workers...
-
Thursday, January 29, 2009 OKLAHOMA CITY (AP) — Citing falling demand, a Texas company has said it has closed its Oklahoma City railcar manufacturing plant, resulting in the loss of 250 jobs. The layoffs affected hourly and administrative employees at Trinity Tank Car Inc., which is owned by Dallas-based Trinity Industries Inc. The company mentioned the job cuts in a business update issued Wednesday. That update also noted the company has decided to defer an $800 million investment in 10,000 railcars for ethanol industry lessees. Those railcars were scheduled for delivery in 2010 and 2011 to a leasing company operated...
-
The following was heard on a Youngstown, Ohio (Big GM Lordstown Plant location) radio station 570 WKBN, Monday, when GM announced the closing of 9 plants and the firing of 30,000 workers. The statement that Republicans should be blamed for GM's troubles was made by no less than Rick Wagoner, President of General Motors, North American Division. Fax was sent in CAPS. DEAR RICK WAGONER, PRESIDENT OF GENERAL MOTORS NORTH AMERICA; I HEARD YOU THIS MORNING ON A TALK RADIO PROGRAM BLAMING REPUBLICANS FOR THE MASSIVE FIRINGS AND PLANT SHUTDOWNS THAT GM IS PLANNING. YOU SAID, "THE REPUBLICANS WANT TO...
-
Kentucky's clothing industry unravels News hits Carlisle in the wallet and the heart By Laura Yuen HERALD-LEADER STAFF WRITER CARLISLE - In this town, tears are no strangers to the men and women who have found dignity working with their hands. Terry Trussell once considered himself lucky. For 35 years, starting when he was just 17, he held a steady job bleaching fabric at Jockey International. Even when 300-pound pressure rollers tore off his right thumb for good, Trussell never doubted his future at the factory. But in the days since Jockey announced the closing of the Carlisle knitting plant,...
|
|
|