Amfuel to close Magnolia plant, 300 jobs to be lost | Arkansas Blog

Tuesday, September 20, 2016

Amfuel to close Magnolia plant, 300 jobs to be lost

Posted By on Tue, Sep 20, 2016 at 2:48 PM

click to enlarge LEAVING: Rep. Bruce Westerman gets a look at Amfuel work in Magnolia, soon to be gone.
  • LEAVING: Rep. Bruce Westerman gets a look at Amfuel work in Magnolia, soon to be gone.
Mike McNeill of the Magnolia Reporter breaks the news that Amfuel will close its Magnolia manufacturing facility and that will put 300 people out of work.

A memo to the United Steelworkers local that represents plant employees said:

Factors beyond any of our control including lack of productivity, escalating costs associated with irreparably deteriorating infrastructure, and our financial ability to continue to sustain significant losses at our Magnolia facility, seem to us to demand this result.
Amfuel will move work done at Magnolia to Wichita Falls. Some Arkansas employees may be able to move to that plant. The company makes fuel cells for the aerospace industry, rubberized coated fabrics and bladders for liquid storage. Various local and state agencies made efforts to entice the company to stay, but they were unsuccessful.

New ownership bought the company last year and shortly announced a new facility in Wichita Falls, but said that didn't signal an intention to close the Magnolia plant.

Here's a Texas report when the company put down roots there.

Tags: , ,

From the ArkTimes store

Favorite

Comments (2)

Showing 1-2 of 2

Add a comment

 
Subscribe to this thread:
Showing 1-2 of 2

Add a comment

More by Max Brantley

  • Sunday open line

    Open line and “news” on the Hog football coach.
    • Nov 19, 2017
  • The Clintons side by side in Little Rock 25 years after

    Bill and Hillary Clinton side by side taking questions from Donald Carville. The only thing more I could have asked for was a seat for Donald Trmp to handle the same topics.
    • Nov 19, 2017
  • Arkansas a leader in laws against better working conditions

    The Economic Policy Institute has compiled a national look at state laws that prevent local governments from mandating better working conditions in cities and counties than state law provides.As you might expect, Arkansas is among the leaders
    • Nov 19, 2017
  • More »

Readers also liked…

Most Shared

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation