Just days after Continental Casting, LLC releases the change of rebranding to the new trademark name Arcadia Metalcraft, they inform their employees of the decision to integrate their two locations into one. The company’s Vice President Graham Fruse explained the decision was tough to make, but needed to meet a competitive market. The company plans to close the Palmyra plant by the end of September.
Vice President Graham Fruse stated, “Today, it’s essential to integrate and optimize our operations as Arcadia Metalcraft seeks to improve the company’s competitive position and to set a path for growth in an increasingly challenging industry. In doing so, we made the tough decision to consolidate and relocate the majority of our manufacturing operations to our Monroe City facility over the next six-to-nine months.
Attrition, which is unpredictable and uncontrollable, but normal, reduction of work force due to a number of reasons, is how the company plans to remove or relocate jobs through the process. Fruse explained stating, “We expect most of the losses will be through attrition. However, Arcadia Metalcraft values the contributions of all employees, and we feel the vast majority of the people will transfer to the Monroe City Plant.”
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