Gerdau Macsteel cuts 75% of work force at Jackson SBQ plant

Dec 23, 2008 | 12:21 PM | Corinna Petry

Gerdau Macsteel, a manufacturer of special bar quality (SBQ) products in Jackson, Mich., sent out Worker Adjustment and Retraining Notification (WARN) notices Monday to salaried and hourly employees of a plant shutdown and layoff that will go on indefinitely.

"They are idling the furnace, caster and rolling mill. There will be 210 union-represented employees laid off indefinitely," plus 90 salaried people for a total job cut of 300 beginning Jan. 16, according to Charles Crowley, president of United Steelworkers union Local 8339 in Jackson. The company employs about 400 people.....





Latest Pricing Trends

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

AMM Events