Even more job cuts for Dow
February 13, 2009
FREEPORT, TX — Dow Chemical will cut another 350 full-time employees from all of the company''s 75 Texas plants and the administrative office, according to The Facts.
February 28 is the absolute last day a severed employee can be on-site, though many of them have already left their positions, the story stated.
Freeport plant Manager and Vice President Gary Hockstra said: "I have been impressed by the conduct and professionalism demonstrated by our employees and by our community and business partners here in Texas during this difficult period."
Each of the affected employees have been notified and both union and non-union employees will receive a severance package upon their release, the story noted.
Plants in Texas ran at about 35 percent capacity in December, but production had increased to about 60 percent by late January; weak demand, however, forced Dow to cut costs by laying employees off, the story added.
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