Layoff News
SABIC Innovative Plastics Laying Off 80 in West Virginia
By victor | Dated: 03-26-2010
As part of a restructuring plan to improve efficiency, SABIC Innovative Plastics is laying off 80 workers at its plant in Wood County, West Virginia. A company spokeswoman told the Associated Press production of two resin products will be moved to a company facility in Ottawa, Ill.Shelia Nabb told the AP the switch will allow SABIC to produce the products at a lower cost because the Ottawa facility has a continuous operation.
The layoff will be effective in April. Nabb said the company is offering a voluntary layoff program.
SABIC is part of Saudi Basic Industries Corp., one of the world’s largest chemical makers.
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