Lancaster Colony To Close Glass-Making Plant

Date: 23 March 2007

Lancaster Colony Corp. said Wednesday it will lay off 140 workers at an industrial glass-making facility in Fairfield County it plans to close.





The company said it will phase out production at its facility at 240 W. Main Street in Lancaster by the end of June and shutter the plant by the end of the year.



Lancaster Colony began notifying workers this week of the layoffs. After the facility closes, the company will have about 5,360 workers at 21 facilities nationwide.



"The decision to close our Lancaster Glass business results from continuing declines in volume and profitability," CEO John B. Gerlach Jr. said in a release.

The company's glassware and candles segment has experienced narrowing sales, with a 7.3 percent drop to $216.5 million for 2006. The segment made up 18.5 percent of the company's sales of $1.17 billion last year.



Read the entire news on the source link below.

600450 Lancaster Colony To Close Glass-Making Plant glassonweb.com

See more news about:

Others also read

Şişecam has ignited its new glass packaging furnace in Eskişehir and put its glassware furnace into operation after cold repair.
TurkishGlass is excited to participate in Italian Glass Weeks, one of the flagship events of the 2022 International Year of Glass.
HORN received the order for a rebuild of Steklotech’s Furnace 1 at the beginning of August 2021.
Şişecam, Turkey's leading representative in the global glass industry, was deemed worthy of the "Sustainable Investment Award," granted for the first time this year by the Bulgarian Investment Agency.
Developed by Şişecam Group, revolutionary V-Block Technology which prevents the growth of microorganisms on glass surfaces, is ready to go in to markets as the world’s first antimicrobial glassware.
Şişecam begins producing the world's first antimicrobial glassware products that are also effective against coronavirus

Add new comment