Thursday, November 20, 2008

Terminal Solution: Solutia Closes Some Shop and Lays Off Elsewhere

Solutia, a plastics related business, has closed a factory in Greenwood, South Carolina and made layoffs across other sites to bring the layoff count to 500.

Continued lessened demand for all products across all categories from clownsumers of all kinds are feeding back into the cycle of depressed earnin gs or making losses and causing job cuts at producers, distributors, or retailers of said products.

Solutia is headquartered in St. Louis, Missouri.

Related:
Bad Form: Insituform Technologies Drops 35 Down a Sewer
Bad News In A Small Town
Rust Belt, a Little Rustier: Eastman Chemical Co. Cuts Jobs

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