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.
RELATED ARTICLES
Latest News
Tolko’s Armstrong And Soda Creek Lumber Mills To Take Downtime
Tolko Industries announced its Armstrong and Soda Creek lumber operations would take downtime during the weeks of May 27 and June 3. “High log costs and weak market conditions continue to impact our lumber operating…
Texas BMP Monitoring Shows Steady Improvement
A 28-year program to monitor logging Best Management Practices (BMPs) implementation on east Texas timber harvest sites shows overall 93.8% BMP implementation in 2018 across all land ownerships. That’s a solid improvement in the last…
Timber Industry Feels Wrath Of Michael’s Aftermath
As one forest products company timberlands official who worked in the vicinity of last year’s Hurricane Michael and 2005’s Hurricane Katrina observed, Michael made Katrina “look like a thunderstorm,” with regard to the unprecedented damage…
MSU Building Using CLT, Glulam Products
The Michigan State University STEM Teaching and Learning Facility will be the first in Michigan to use mass timber wood products, rather than concrete and/or steel, for its load-bearing structure. The $100 million facility will…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
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.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!