Indiana Economic Digest | Indiana
Advanced Search

• Most Recent

home : most recent : laporte June 28, 2016

1/23/2009 5:18:00 PM
Aero Metals lays off at least 70 in La Porte


By Craig Davison, LaPorte Herald-Argus

LA PORTE - Seventy to 80 employees of Aero Metals were laid off Thursday.

The layoffs are not permanent, said Jim Fleming, chief executive officer and owner.

Most of the company's customers have not canceled orders, but a number of their main clients have pushed back their orders, he said. Some customers are also scaling back the size of orders.

He could not rule out if more layoffs are pending because he does not know when the economy will improve. For the same reason, he cannot predict how long the workers will be off the job.

Fleming, who has been in the business 40 years, said the workforce was scaled back to match the orders. The company had almost 400 employees before the layoffs.

"We have to regulate the workforce to the size of the business we have that particular month," he said.

Employees' hours have also been reduced.

"We've still got a lot of work, and we've had a lot of people working," Fleming said.

Aero Metals manufactures metal castings for customers worldwide. Fleming said sales to customers in Europe, Canada and domestically have slowed.

"It's an economic slowdown, and it's big and it's worldwide," he said.

Fleming said the layoffs are difficult for him.

"We're trying very hard to get these people back to work," he said.

Related Stories:
• Traffic drops at Gary, other Chicagoland airports
• Parker Hannifin to cut 130 jobs at New Haven plant
• Anderson's A&K Wholesale falls into foreclosure; property to be auctioned off Friday
• Another Logansport manufacturer trimming staff
• Lafayette's Wabash National makes more cuts to cope with lower trailer orders
• Better World Books lays off 36 at Mishawaka warehouse
• International Paper to close Hartford City plant, costing 100 jobs
• 17 employees are laid off at UniTek Sealing in La Porte
• OFS Brands to close plant in Huntingburg

Copyright 2016 Herald Argus

Article Comment Submission Form
Please feel free to submit your comments.

Article comments are not posted immediately to the Web site. Each submission must be approved by the Web site editor, who may edit content for appropriateness. There may be a delay of 24-48 hours for any submission while the web site editor reviews and approves it.

Note: All information on this form is required. Your telephone number is for our use only, and will not be attached to your comment.
Submit an Article Comment
First Name:
Last Name:
Anti-SPAM Passcode Click here to see a new mix of characters.
This is an anti-SPAM device. It is not case sensitive.

Editor, John C. DePrez Jr.; Executive Editor, Carol Rogers; Publishers: IBRC and IAR

Software © 1998-2016 1up! Software, All Rights Reserved