Phoenix News: SUMCO Phoenix Corp Of Warren County Dragging
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A company with over 600 employees in Warren County was declared closed local operations.
SUMCO Maineville Corp in Phoenix has begun telling its employees that the closure of operations at the plant next year.
Warren County Commissioners made a statement on Tuesday, June 23, the silicon wafers at the plant will be closed on 30 June 2010, but most of the closing takes place before March 2010. Warren County Administrator Dave Beam said layoffs are likely to begin in September.
The representatives said that the company SUMCO operations in other factories in the United States and abroad. The parent company has its headquarters in Tokyo, Japan, according to an announcement issued on Tuesday evening.
In a press release, CEO Shigetoshi Shibuya, said: “It is very difficult, but necessary to reach a conclusion for the survival of our society. Maineville personal courage a little time to do this work and we are very appreciate that, but our work was strongly influenced by a sudden plunge in the global economy and changes in the industry last year. ”
Shibuya to the abandonment of the bulk purchase of small plates Maineville recent years due to the closure of the plant.
SUMCO, worker adjustment and retraining notification Act municipal, county and state authorities, according to a press company. The company has about 360 employees will be responsible for pay and benefits continuation and outplacement assistance, the company said. SUMCO has advantages for Trade Adjustment Act on the possibility of extending unemployment benefits, aid to education and health care expanded.
Warren County Administrator Dave Beam said it is a sad day.
“We are saddened SUMCO decision to close its operations in Warren County. SUMCO and its employees are valuable and generous citizens. Their absence will make the whole community,” he said. “We will work with our One-Stop employment center to help workers dislocated the new SUMCO work.