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re: Chemical company to close DeRidder plant, lay off nearly 180

Posted on 11/2/23 at 9:42 am to
Posted by 777Tiger
Member since Mar 2011
89165 posts
Posted on 11/2/23 at 9:42 am to
quote:

The company said the personnel moves will result in annual savings of $65 million to $75 million beginning in 2024.



those baws were doing alright!
Posted by el Gaucho
He/They
Member since Dec 2010
58530 posts
Posted on 11/2/23 at 9:46 am to
quote:

The DeRidder plant manufactured components used in adhesives, rubbers

Great. Looks like millenials have killed off another business since they all get vasectomies and go to Disney world
Posted by TROLA
BATON ROUGE
Member since Apr 2004
14439 posts
Posted on 11/2/23 at 9:47 am to
I wonder what’s the revenue and if they are consolidating or shuttering this division

Posted by SantaFe
Baton Rouge
Member since Apr 2019
7652 posts
Posted on 11/2/23 at 9:55 am to
Posted by SirWinston
PNW
Member since Jul 2014
101930 posts
Posted on 11/2/23 at 9:57 am to
Probably better off without breathing in those fumes 40 hours per week even if they have to uproot their lives
Posted by LC Baw
Lake Charles, LA
Member since Jan 2021
242 posts
Posted on 11/2/23 at 10:01 am to
Same. I'd imagine a lot of them would commute to the refineries. Others would go to PCA or Ft. Polk
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