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“Major USA Foundry Laying off Employees”, UPDATE!

Monday September 21, 2002 as part of our “Heat Treatment “Monday Morning Briefing” we included this exclusive heat treat news item;

“A USA foundry and substantial supplier of cast furnace fixturing and components laid off most of their employees two weeks ago. Some employees remain but our understanding is that production has largely ceased. We will have updates on this story as they become available.”

“The Monty” is now in a position to provide an update. The foundry in question is “Alcon Industries” in Cleveland, Ohio, USA, a foundry which has long been one of the most well-known and respected in the North American heat treat industry. Details remain “sketchy” but our understanding is that the company has had a number of layoffs and a reader received the response below from Alcon just last week in response to an e-mailed RFQ.

“We are currently undergoing a layoff period, and a conclusion date has not yet been set. As a result, quoting is temporarily paused, and I have no new status updates. We appreciate your patience and understanding during this time, and I will share further updates as they become available. “Thank you,