PHILADELPHIA — Dow Chemical Company announced late last week that it will be closing the former Rohm & Haas chemical plant in Philadelphia''s Bridesburg section, according to the Philadelphia Inquirer.
Roughly 25 employees from the 63-acre facility will lose their jobs when the plant officially closes "by the middle of 2010," the story stated.
According to the story, some 20 employees will be out of jobs by as early as the end of the month as the company extinguishes less crucial processes immediately.
Dow says that fixed costs are too high to keep the plant operational while maintaining a profit, the story noted.
It remains unclear whether or not the site will be sold and company spokesman Bob Plishka confirmed only that the "environmental decommissioning process will begin when production ends," the story added.
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