Excel Storage Products Closure Leaves 150 Unemployed in East Stroudsburg, Pennsylvania
09/22/2010
"There are no jobs to go to in East Stroudsburg, Pennsylvania," said Mike Hellstrom, business manager for Laborers Local Union 108. "That is the real devastating part of it."
The union did not anticipate the closure, but Hellstrom says the company could have been forced into a receivership. Excel owes the union $500,000 for its welfare fund, and the union may take action against the company for not giving employees the federally required 60 days notice of the closure.
Most Read
-
-
Latest Trends in the Industrial Real Estate Sector Here to Stay
Q2 2021
-
A New Approach to Energy Savings for Your Next Manufacturing Plant
Q2 2021
-
Where's the Talent: Jobs Outlook in the Fastest Growing U.S. Cities
Q2 2021
-
2021 Gold & Silver Shovel Awards Project of the Year: CREE Wolfspeed’s Wafers Key to Charging of EVs
Q2 2021
-
A Turnkey Approach to Manufacturing Location Decisions
Q2 2021
-
2020 Top States for Doing Business Showcase Their Pro-Business Environments
Q3 2020