Ameristeel sets layoffs at Okla. long products plant
Dec 12, 2008 | 12:08 PM
| Scott Robertson
The government-proposed infrastructure development package won't arrive soon enough to prevent some 150 employees of Gerdau Ameristeel Corp.'s Sand Springs, Okla., plant from facing layoff.
The Sand Springs layoffs are part of an overall cost-reduction effort by the Tampa, Fla.-based company that has been undertaken due to a lack of steel orders related in part to the global economic crisis, a company spokesman said.
Officials of the United Steelworkers union were told by the company that about half of the plant's 375 workers will be laid off in February, a report in the Tulsa World in Oklahoma said.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here