Insteel shutting Del. plant, moving operations to Pa.
Dec 17, 2010 | 10:40 AM
|
Wire rod drawer Insteel Industries Inc. said Friday it would close its Wilmington, Del., facility and move the manufacturing operations to a plant in Hazelton, Pa., as part of efforts to consolidate its business.
The move will result in a net reduction of 34 jobs—49 jobs will be eliminated from the Wilmington site and 15 positions added at Hazelton. The latter was acquired as part of Insteel's recent purchase of the assets of Ivy Steel & Wire Inc.....
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