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.

Sellers Was Tenacious In Research

Dr. Terry Sellers, Jr., whose specialty was adhesives for bonding wood products during his professional career, and who also wrote two exquisitely detailed genealogy books on his Alabama families, died suddenly and peacefully at his…

Louisiana-Pacific Building New Minnesota Plant

The months-long mystery behind which home siding company would be receiving a $66 million subsidy package from the state has finally been made public. Louisiana-Pacific will construct a $440 million plant in Hoyt Lakes. This…

Borg Manufacturing Orders Particleboard Plants From Siempelkamp

Two successful sales confirm that Siempelkamp’s expertise enjoys best reputation in Down Under as well: Borg Manufacturing Pty. Ltd., a leading Australian producer of melamine-laminated boards, has ordered a new particleboard plant for its Oberon…

Landmark Chemical Safety Legislation Passes Congress

In a move that will mandate required federal safety assessments of chemicals found in everyday products from laundry detergent to toys, a June 7 U.S. Senate vote sends legislation to President Barack Obama for signature.…

« 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