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Friday, November 21, 2008

Olean Plant To Move Production To China

Henkel tells its 105 employees plant is closing

OLEAN - Henkel Corp. officials announced Thursday it will begin a three-year process to shut down its Olean plant.

The announcement was long anticipated. As early as 2006, the plant had 230 workers, due to layoffs, that number has shrunk to 105 today.

In May of 2007, the company announced it would begin cutting back more jobs as it transfers its epoxy molding compounds division from Olean to a joint venture in China. Henkel produces coatings, powders and encapsulants for the worldwide electronic and industrial markets. More...

3 comments :

Anonymous said...

Then the owners should have to move to CHINA.... A**HOLES

Anonymous said...

Gotta hand it to the Federal Government.....they pushed NAFTA through.

Rep.Chick said...

Yep, and Clinton was SO PROUD of his NAFTA plan!

Now with H. Clinton going to be Obaman's Sec. of State we will just see if we all get the promised CHANGE or more of the SAME!

My advise to Hillary, "put a muzzle on your husband", PLEASE!