Techneglas cut 50 jobs at its Jenkins Township, Pennsylvania plant on 1 July 2003 as the struggling company continued to search for ways to deal with sharp overseas competition, officials said 2 July …
Techneglas cut 50 jobs at its Jenkins Township, Pennsylvania plant on 1 July 2003 as the struggling company continued to search for ways to deal with sharp overseas competition, officials said 2 July 2003. The Ohio-based company cut a total of 95 jobs across the company on 1 July 2003. Techneglas officials had predicted job layoffs in June. The 50 cutbacks will help the company remain competitive in manufacturing services, said Joe Schaeufele, vice president of manufacturing and engineering, adding that laid-off workers will receive severance packages and outplacement services. In June 2003, officials said Techneglas would produce its glass products with fewer workers as it tries to rationalise its operations. Techneglas faces ever greater competition from exporters in China and Malaysia, Schaeufele said. Techneglas“ parent company is Nippon Electric Glass of Japan. Motoharu Matsumoto, former manager of global sales for Nippon, was named president and chief executive officer of Techneglas in June 2003. “When the new CEO came in, his focus was to refocus our efficiencies,” Schaeufele said. Since early 2002, the Jenkins Township plant has laid off about 300 workers. Techneglas employs about 1,500 people between the Jenkins plant and its Ohio operations. The Jenkins Township facility has the largest share of employees at nearly 1,000.