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Thursday, October 27, 2016

IL, PA: Altria to Close 2 Tobacco Facilities Affecting 580 Workers



Altria, the maker of Marlboro cigarettes, said Thursday that it will close manufacturing facilities in Pennsylvania and Illinois by early 2018, affecting about 580 workers.

The company said about 200 jobs in different states will be available for those workers, if they choose to transfer. Altria did not say how many workers it expects to lay off. Full-time workers that do not transfer will be given a minimum of six months of severance, in addition to benefits and free job training, a spokesman said.

One of the closing facilities, in Limerick, Pennsylvania, has 280 workers and makes Black & Mild cigars, Middleton's Cherry Blend pipe tobacco and other products. The other facility in Franklin Park, Illinois, has 300 workers and makes Copenhagen, Skoal and other smokeless tobacco products. Operations at those facilities will be moved to manufacturing sites in Richmond, Virginia, where Altria is headquartered, or another facility in Nashville, Tennessee.

Workers were told about the closures Thursday morning, an Altria spokesman said.

The closures are expected to be completed by the first quarter of 2018 and would save Altria about $50 million by the end of that year.

The announcement came as Altria, which also makes Virginia Slims and Parliament cigarettes, reported a 29 percent drop in profit for its most recent quarter, but its adjusted earnings still beat expectations. It reported net income of $1.09 billion, or 56 cents per share, in the three months ending Sept. 30, compared with $1.53 billion, or 78 cents per share, in the same period a year ago.

Sunday, May 1, 2016

Maryland: Healthcare software developer Edaptive Systems announces mass layoff

One of the Baltimore area’s biggest software developers, Owings Mills-based healthcare information company Edaptive Systems, is laying off 60 of its more than 300 employees. The company notified the Maryland Department of Labor, Licensing and Regulation of the layoffs, which take effect June 30. The company employs more than 300 people.


Monday, February 1, 2016

Caterpillar to cut 670 jobs

Caterpillar says it plans to close five plants and trim about 670 jobs in Illinois and several other states, in the latest phase of a larger cost-cutting campaign announced last year.
 
 The mining and construction equipment company will cut about 230 jobs for office and production workers at a major manufacturing campus in East Peoria, Illinois, where Caterpillar says it's consolidating some manufacturing and transferring some work to outside contractors. Another 120 employees there will
be placed on indefinite layoff.
 
 Caterpillar said other consolidation efforts will add some jobs at a facility in Pontiac, Illinois, while cutting more positions in Thomasville, Georgia; Santa Fe, New Mexico; Prentice, Wisconsin and other sites.