Manufacturing Industry
Bayer to cut back ABS staff, compounding.
Plastics News, June, 2000 by Esposito, Frank
Challenging business conditions are leading Bayer Corp. to eliminate 200 jobs at its ABS plant in Addyston, Ohio, by late 2002. "The ABS business has been challenging for everyone," said Jerry MacCleary, vice president of styrenics for Pittsburgh-based Bayer. "Margins are still unacceptable, which is why we're streamlining our business and lowering our costs." Bayer announced the cuts -- amounting to one-third of the Addyston work force -- on May 25, a month before the firm will complete the shutdown of its ABS works in Muscatine, Iowa.
Bayer in late 1997 closed an ABS plant that employed 90 in Lasalle, Quebec, moving resin production to Addyston and compounding production to Newark, Ohio. Older suspension ABS technology will be replaced by continuous...
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