or login to your SBJ.net account
Forgot your password or username?
Search only accepts letters and numbers.
Positronic Industries closing Cabool plant
, Web Editor
Tuesday, August 25, 2009 11:35 AM
Springfield-based Positronic Industries announced today that it is closing its Cabool plant effective Oct. 30. The manufacturing plant employs 36, who will be laid off when it closes.
The company, which makes electrical connectors and has locations in Missouri as well as Puerto Rico, France, Singapore and India, is consolidating Cabool's connector assembly operations with the work done in its three other southwest Missouri plants.
Company President John Gentry, who traveled to Cabool today to tell the plant's employees in person about the decision, said industry conditions forced the company to make a tough financial decision.
"Conditions for a year now have been declining, and our industry has been affected like all industries," Gentry said. "Business conditions have dropped, and the type of products they manufacture in Cabool were hit as hard as any."
Gentry said the company is working with the 36 employees in the job-hunting process; Positronic already has contacted the Missouri Division of Workforce Development's West Plains office, which will be offering assistance with training, résumé building and job searches.
Positronic employs 464 people in its Missouri locations, and the Cabool operation has been open since 2000.
Please fill out the form below to submit a comment.
Message is a required field.
Captcha entry is not valid, please try again.
A comment must be approved by our staff before it will displayed on the website.
SEARCH SPONSORED BY
Apple employee found dead at company HQ
Honest Company sued again
Mother’s reveals new labels ahead of store deliveries
Former House speaker sentenced to 15 months
Sports Authority to liquidate assets
Mo. religious-freedom bill dies in committee
H&R Block to slash 13% of workforce
Anderson Engineering rolls out commercial drone service
N.C. developer pursues shopping center at Sunshine, West Bypass
From the Ground Up: SoEL District Lofts
Opinion/Letters to the Editor
© 2016 Springfield Business Journal, Springfield, Missouri. All Rights Reserved. To contact SBJ, call (417) 831-3238.
Software © 1998-2016 1up! Software, All Rights Reserved