Arauco Announces Layoffs At North Carolina Plant

Arauco Panels USA, an American subsidiary of a Chilean plywood manufacturer, is cutting jobs in Chatham County.

That’s according to a WARN filed with the state of North Carolina this month. A WARN – Workforce Adjustment and Retraining Notification – is a filing that is required when a company closes a plant, cuts 500 jobs or eliminates one-third of its local positions. The move, effective Jan. 6, impacts 48 jobs in Moncure, according to the notice.

According to the WARN, the move is a downsizing – not a closure – of its particleboard facility, impacting jobs in a variety of functions, including human resources, finance, production and sales.

“The layoffs are due to a downturn over the last several months in the market,” reads the notice signed by Sally Polen, manager of human resources for Arauco North America. “Although our sales team has been working hard to combat the market conditions by revising pricing strategies and engaging our existing customers while actively seeking new customers, unfortunately, our efforts have not surpassed the market pressures on our volumes.”

The plant has “struggled” to maintain a normal order volume, the notice continues, adding that other measures the company has taken include reduced hours, reduced overtime and overall cuts in spending. Forecasts, the filing reads, show similar volume weakness in 2017.

From the Triangle Business Journal: bizjournals.com.

Museum Exhibit Challenges Notion That Wood Is An Antiquated Building Material

For centuries, wood was civilization’s primary construction material, but as the use of concrete, glass and steel grew, wood was largely relegated to flooring and interior paneling. An exhibition at the National Building Museum in…

2017: Good Signs In Wood Products Industry

Market participants in the North American wood products market are once again cautiously optimistic as they look to 2017. This caution continues to pervade the wood products markets as uncertainty from the ongoing softwood lumber…

Weyerhaeuser Upgrades PSL

Weyerhaeuser has upgraded its Trus Joist Eastern Parallam PSL beams and columns with a new unique exterior coating. The patent-pending proprietary surface modification technology reduces the rate of moisture absorption during yarding and construction, and…

Regulatory Freeze Issued On EPA Formaldehyde Regulation

President Trump issued an Executive Order over the weekend that freezes all recently published EPA regulations for a 60-day review period. This review period delays the initial effective date for the EPA formaldehyde rule, pushing…

« Older Entries

Next Entries »

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1589916740199-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376462440-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376636511-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376729201-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376916922-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376961890-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548377005333-0'); });

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe Now

Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Complete the form

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!

Contact Us