LOS ANGELES The
Chromalloy unit of Sequa Corp. will close four plants and
eliminate 530 jobs, including 200 in the United States, as part
of a slated global consolidation.
Chromalloy Gas Turbine LLC, a
Palm Beach Gardens, Fla.-based supplier of coatings and repair
services for aerospace and industrial markets, said that over
the course of this year it will close its facilities in
Gardena, Calif.; Midwest City, Okla.; Nuevo Laredo, Mexico; and
Tilburg, the Netherlands. The North American cutback will
involve 350 employees, while the reduction in Tilburg will
affect another 180 workers.
The "streamlining" move will allow Chromalloy, part of
Tampa, Fla.-based Sequa, to consolidate work at other
facilities, company president Carlo Luzzatto said in a