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. Your comments may be used in Springfield Business Journal’s print editions, along with your username and/or registered name.
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
Longtime Springfield HR director to retire
Alamo Drafthouse to open at Campbell 16
The world's last VCR will be manufactured this month
Fox News CEO resigns
Record number of failed US deals so far this year
American Airlines earnings plunge 44%
Employee benefits plans emerge as overtime pay traps
AB InBev gets US approval for $101B SABMiller buyout
Chipotle's E. coli hangover lingers as sales plunge again
ConocoPhillips to cut 6% of workforce
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