Atkore to reorganize, slash work force
Aug 17, 2012 | 11:46 AM
| Michael Cowden
Tags
Atkore,
Allied Tube & Conduit,
John Williamson,
Jim Mallak,
layoffs,
steel,
Michael Cowden
CHICAGO — Atkore International Holdings Inc. is planning layoffs and a wide-ranging corporate restructuring that appears to be focused largely on its Allied Tube & Conduit Corp. business.
The move comes as the Harvey, Ill.-based company grapples with poor business conditions while also mulling a possible initial public offering (IPO) within the next few years.
The changes will see the company organized into three business units: Allied Tube & Conduit, AFC Cable Systems and Unistrut, which makes metal framing systems. The company said the realignment will go into effect Oct. 1.....
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