Wednesday, October 27, 2010

Nypro plastics plant to close, lay off 180 - Business First of Louisville:

afyfojahejus.blogspot.com
laying off 50 workers. Some of the Hazarc plant's business was expectedr to go to theLouisville plant. At the time, Cottomn said, the Louisville plant was considered one ofthe company'sa three "focus" plants, the others being in Atlanta and Mexico. But things went downhill prettu quickly because of the downturn in the auto Cotton said. Cotton wouldx not identify theLouisville plant's major customers, exceptr to say that they are major automakers. The work forcs fell from about 400 to lessthan 200, as employeed who left were not he said.
The company has had to narrow its auto business to doint decorative interior workfor vehicles, work that the Louisvillw plant wasn't equipped to do, he said. In the face of an economiv slowdown and increasedoverseas competition, Kentuckuy manufacturers need to think about changing and adaptingg their operations, said Martin Kish, vice president for marketing and revenue for the Kentucky Association of "We are seeing more members of (the association) that are lookin g at reconfiguring their production lines to do differenf types of manufacturing than they have traditionallyg been doing," he said.
The association supports the Kentuck y General Assembly to pass legislatiomn that would give tax breaks to companie s that retool and rework their plants tokeep jobs. Such legislatiohn could keep plantsfrom closing, as Nypro did, or from movin g overseas, he said. Founded: As D-J Inc. Parent company: Nypro Inc., based in Mass. Address: 7301 Distribution Jefferson Riverport International Shutdown date: Sept.
30

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