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The GKN Driveline facility opened in January 1994. At least 247 people will lose their jobs in its closing. NC automotive parts plant to shut down, leaving large gap in rural Roxboro
GKN Steel's withdrawal coincidence with the wider closure of multiple steelworks and heavy industries across Britain, which caused considerable social disruption in some areas at the time, thus becoming a topic of political debate. [35] In 1989, GKN Steel's factory at Bilston, in the West Midlands, was permanently closed and subsequently ...
St. Louis Assembly Plant was an automobile factory owned by Ford Motor Company in Hazelwood, Missouri. It was opened in 1948 and was closed in 2006; it was idled as part of Ford's "The Way Forward" plan. The plant was demolished in 2009.
Coal plants have been closing at a fast rate since 2010 (290 plants closed from 2010 to May 2019; this was 40% of the US's coal generating capacity) due to competition from other generating sources, primarily cheaper and cleaner natural gas (a result of the fracking boom), which has replaced so many coal plants that natural gas now accounts for ...
Connell Mayor Lee Barrow says the plant's closure has already led to collateral damage — a 10% cut in the town budget, due, in part, to lost tax revenue. Barrow says the ripple effect could ...
The closure put nearly 400 workers out of a job. The company had about 3,000 local employee s prior to the plant closure at its manufacturing, corporate and research facilities in the Tri-Cities area.
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
A "handful" of JCPenney locations are soon to be closing, a company spokesperson said, adding to the retailer's long list of shuttered stores since it filed for bankruptcy in 2020.. The ...