Sunday, May 18, 2008

Facility Closures and Layoffs (May 11-17)


Facility Closures and Layoffs (May 11-17)
A Weekly Listing of Future Corporate DownsizingsThis article is excerpted from Watch List, a weekly column of market conditions, company expansions and contractions and real estate investment opportunities.
Sun Microsystems has increased the number of layoffs it is planning for this year. In February, CoStar reported that Sun Microsystems has been laying off employees across the country, sometimes as few as one or two employees per location. Through the end of 2007, Sun Microsystems had laid off 657 employees and said it was planning another 103 layoffs this year. Earlier this month, the company said it now plans to lay off 1,500 to 2,500 workers.
Ford Motor Co. is offering buyouts to 800 workers at its assembly plant in Chicago, IL, and 500 at its Louisville, KY, and an unidentified number of workers at its Cleveland, OH, plant. All three plants will move from two shifts to one this summer. The restarting of an idled second engine plant in Cleveland will be delayed until the fourth quarter. The Chicago factory makes the Ford Taurus and Mercury Sable sedans and Taurus X crossover vehicle. The Louisville assembly plant makes the Ford Explorer and Mercury Mountaineer sport utility vehicles. The Cleveland plant makes engines. Albany International Corp. is planning more reductions in manufacturing capacity. It intends to discontinue operations at its forming fabric manufacturing facility at 4521 Troy Highway in Montgomery, AL. The plans are in response to the continuing consolidation within the paper industry in the U.S. The following future closings and permanent mass layoffs were reported in Florida.
First Data is laying off 96 employees at 1800 W. Internat'l Spdway Blvd. in Daytona Beach by June 27.
First Student is laying off 277 employees at 6544 Firehouse Road in Milton on June 30.
Hapag-Lloyd is laying off 50 employees at 401 E. Jackson St. in Tampa on June 30.
Health Care District Of Palm Beach is laying off 66 employees at 3111 S. Dixie Highway, Suite 138, in West Palm Beach by Sept. 30.
Lear Corp. is laying off 108 employees at 5100 W. Waters Ave. in Tampa on June 13.
National Gypsum Co. is laying off 73 employees at 6110 Commerce St. in Tampa on June 16.
North Ridge Medical Center is laying off 405 employees at 5757 N. Dixie Hwy in Ft. Lauderdale on June 1.
PRC is laying off 424 employees at 2000 N. State Road 7 in Margate on June 30.
Safe Children Coalition Operations is laying off 93 employees at 6451 126th Ave. N., Suite 300 in Largo on July 1.
Select Medical Corp. is laying off 84 employees at 2120 Sarno Road in Melbourne by Oct. 2.
Sourcecorp BPS Inc. is laying off 58 employees at 3090 Carus Court, Suite 50, in Orlando on May 31.
Thies Distributing is laying off 147 employees at 10455 Riverside Drive in Palm Beach Gardens; 99 employees at 201 E. Coast St. in Lake Worth; and 62 employees at 3501 S. E. Commerce Ave. in Stuart, on June 30.
VEOLIA Transportation laid off 153 employees at 1500 SW 40th St. in Fort Lauderdale on April 30.
Whole Foods Market Group Inc. is laying off 57 employees at 1135 W. New Haven Ave. in Melbourne on June 2. U.S. Immigration and Customs Enforcement (ICE) agents executed a criminal search warrant this week at Agriprocessors Inc. plants in Postville, IA, for evidence relating to aggravated identity theft, fraudulent use of Social Security numbers and other crimes, as well as a civil search warrant for people illegally in the United States. So far, ICE agents have arrested more than 300 individuals for administrative immigration violations. Agriprocessors is one of the USA's three largest packers for kosher meats in the country and, as such, the federal action could disrupt the supply of kosher meats in the short term. LyondellBasell Industries will stop producing polypropylene at its Morris, IL, plant at 8805 Tabler Road in the fourth quarter. Production will be shifted to other sites. Polyethylene production at the site will not be affected. Paul Mueller Co. is undertaking a temporary layoff of 134 employees at 1600 W Phelps St. in Springfield, MO. The company expects to recall most, if not all, of the employees by the end of the third quarter. The following future closings and permanent mass layoffs were reported in Pennsylvania.
Inglis at Home Services LLC is laying off 62 employees at 2600 Belmont Ave. in Philadelphia on June 2.
Overhead Door Corp. is laying off 99 employees at 23 Industrial Park Road in Lewistown by July 1.
St. Agnes Continuing Care Center is closing down and laying off 81 employees at 1900 S. Broad St. in Philadelphia on June 26.
TRG Customer Solutions is closing down and laying off 111 employees at 161 Old Rt. 30, Suite 7, in Greensburg by July 1.
Washington Mutual is closing down and laying off 239 employees at 2000 Oxford Drive in Bethel Park by Aug. 1.Constar International Inc. decided to close its 192,380-square-foot manufacturing facility at 8705 Citypark Loop in Houston, TX, by the end of this month. This decision resulted from previously disclosed customer losses, and a strategic decision to exit the limited extrusion blow-molding business supported by the Houston facility. The company will continue to service the Houston plant’s PET business at the company’s Dallas facility. The following future closings and permanent mass layoffs were reported in Virginia.
International Automotive Components - North America (IACNA) is laying off 272 employees at 806 E. Queen St. in Strasburg by July 31.
L3 Communications Linguist Operations and Technical Support is laying off 70 employees at 1900 Campus Commons Drive, Suite 400, in Reston by June 8.
TerreStar Networks Inc. is laying off 71 employees at 12010 Sunset Hills Road, Suite 900, in Reston on June 30. Washington Mutual is closing down and laying off 84 workers at 3060 139th Ave. SE in Bellevue, WA, on Aug. 31. The American Red Cross is laying off 408 employees at its national headquarters at 2025 E St. NW in Washington, DC, this month. For news of retail store closings, see CoStar's Retail News Roundup, a weekly report on retail expansion plans, acquisitions/mergers/sales, closings, bankruptcies and more written by Sasha M. Pardy, senior news editor.

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