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Downsizing deals - CMC Fallon plant closure affects workers
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Tuesday, 09 Mar 2010
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(Free news on steel, iron ore, coal, nickel, copper, metals and mining)

AP reported that Commercial Metals Co is closing its Fallon plant and scores of employees will lose their jobs.

Officials for Commercial Metals Co are blaming the sluggish economy for the closure set for April 29th 2010. But they declined to release the number of affected employees.

According to figures compiled last fall by the Nevada Department of Employment, Training and Rehabilitation, the plant was Churchill County's 15th largest employer with 90 to 99 employees.

The plant makes joists for use in big buildings, including both the Fallon and Fernley Wal Marts.

Local officials said that the closure will have a huge impact on the town about 60 miles east of Reno.

Mr Alan Kalt County Comptroller estimates the plant's payroll is between USD 3.5 million and USD 5 million.

(Sourced from Associated Press)

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