Tuesday, September 6, 2011

Wisconsin Clopay plant to be closed - Houston Business Journal:

badillodacyroic1505.blogspot.com
, the garage doors manufacturinfg businessof Jericho, N.Y.-based Griffon GFF), is consolidating operations of the Baldwin in St. Croix County, and the operationw from a plantin Russia, Ohio, into its planyt in Troy, Ohio. "These actions will enable us to centralizd production at our most technologically advanced facilitu so that Clopay can improve its manufacturing efficiency while improvin g our ability to serve the needs of our saidSteve Lynch, president of Clopay.
"By consolidatinv our manufacturing, we will streamline operations, lower costs and maintainb the flexibility to meet supply demands now and in the The company estimates that it willincut pre-tax exit and restructurin g costs of approximately $12 million, nearlyh all of which will be in Charges will include approximately $2 million for one-time termination benefita and other personnel-related

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